Highland Heights, KY (August 4, 2009)–General Cable Corporation has acquired both Gepco International, Inc. and Isotec, Inc.
Gepco, which manufactures high-end cabling solutions for the professional broadcast and entertainment markets, reported 2008 revenues of approximately $46 million.
“With the acquisition of Gepco International and Isotec’s specialty electronic cable business, General Cable expects to significantly expand its share of this important U.S. market as well as leverage General Cable’s global sales infrastructure with this technically superior brand of multimedia cables in markets all over the world. We expect the market for these products to grow at roughly two times GDP in the U.S. and somewhat higher internationally due to ongoing global analog-to-digital conversions,” said Jay Lahman, vice president and general manager, Carol, Gepco, and Isotec Brand products.
Greg Lampert, executive vice president, president and CEO of General Cable North America said, “I am pleased that Gary Geppert, the Company’s founder and a recognized innovator in the industry, has agreed to stay with the Company. He has built Gepco into a technology leader in the professional broadcast industry, nearly doubling revenues of broadcast products over the last five years, and will continue to lead our efforts to develop new and innovative products.”