Canadian Electrical Wholesaler

Jan 9, 2019

IdealCBPE Capital has acquired a majority ownership position in Ideal Networks, a market leading provider of portable handsets for data cable and network testing, validation and certification. CBPE is acquiring the business from its former parent, Ideal Industries Inc., and will be investing alongside the incumbent management team led by Paul Walsh, CEO. 

“We are delighted to be working with CBPE and look forward to establishing IDEAL Networks as a successful, independent market leader,” says Walsh. “Ideal Industries has been a supportive owner and has enabled us to reach this stage of our development. With CBPE, we are confident that we have found a partner that will provide valuable input as we pursue our exciting growth plans.”

Ideal Networks provides easy to use hand-held testers that improve the productivity of those installing, testing and maintaining network cabling and services. The global business has sales across Europe, the Middle East, Africa, North America, Latin America and Asia. 

“Business will continue as normal across the world with no interruption of supply through our distribution partners,” says Walsh. “Customers will continue to receive the outstanding service they have come to expect, and product names will remain unchanged. What will change is our ability to respond even faster to market needs through innovation and we will see the company brand evolve over the coming years, but not straight away.”

Ideal Networks is the first to offer a “Pay As You Test” option for its cable certifier as part of its award winning Test4Less program. Following in-depth customer research, the company has several innovative new product launches planned for 2019

The management team involved in the acquisition include Chief Executive Officer Paul Walsh, Chief Finance Officer Scott Paterson, Development Director Peter Kent, Operations Director Russell Stratton and Marketing Director Tim Widdershoven. .

According to Mathew Hutchinson, Partner at CBPE Capital LLP, “Ideal Networks has successfully established a reputation for quality and service in an attractive and growing market, and we are confident that the business will thrive under independent ownership. We will work with the management team and support their commitment to continue to offer innovative products and services which match the needs of the customer base.”

For more information, visit www.idealnetworks.net.

LFI Innovation AwardsThe celebrated LFI Innovation Awards marked the opening this week of the 2019 Lightfair International Trade Show and Conference with a dramatic showcasing of the industry’s most innovative products and designs introduced during the last 12 months.

The 2019 awards and trade show opening mark the 30th anniversary of the world’s largest annual lighting and technology event. The 2019 awards saw entries spanning 14 categories, with each submission judged by an independent panel of lighting professionals. Winning entries exemplified the best in innovative design and thinking. 

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Automation LabourforceBy: Thomas Donato, Rockwell Automation

We all are consumers. We all have expectations of quality and service.

When I talk to our customers, I do so with that experience and mindset. If we don’t deliver – we lose. Maybe not immediately, but eventually. It’s as simple as that.

I just lived through a great example of this. Every morning I use our blender. One of the parts broke, and the manufacturer made it quite difficult and cumbersome to get a replacement.

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OmnicableOmniCable was founded in 1977 by partners with deep experience in the US electrical marketplace. With their clear understanding of the industry, they were able to identify an opportunity for the founding of a unique company. At the time, there was a disconnect between electrical distributors and electrical wire and cable manufacturers due to a growing demand that needed to be fulfilled under strict timelines.

The nature of the industry required a wide range of product types and configurations on a “just-in-time” basis. As a result, distributors were unable to stock enough cable products to meet the demands of their customers. 

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BritechBritech Corp, one of Canadas largest heating cable companies has signed a formal agreement with Heat Trace Limited, of Cheshire, England. Heat Trace, founded in England in 1974, Heat Trace is one of the world’s leading industrial heat trace cable manufacturers.

The company is known mainly for innovative solutions in self-regulating high temperature heat tracing cables up to 275°C, their exclusive high temperature, 425°C, cut to length, industrial, in the field replacement for mineral insulated cables, and their high temperature Long Line heating cables that can be installed on pipes in one length up to 10 kilometers long.

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