Gepco International has been acquired.
The manufacturer of broadcast audio and video cables was picked up by General Cable Corp., which also acquired Gepco sister Isotec Inc.
Gepco makes cabling products for the pro broadcast and entertainment markets; it reported revenues last year of about $46 million. Isotec is a specialty electronic cable business. Gary Geppert, who founded Gepco in 1981, stays on with the company.
This is a move by General Cable to increase U.S. market share in the cable biz. “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,” stated General Cable exec Jay Lahman.
General Cable is a Fortune 500 company that trades on the New York Stock Exchange. It makes copper, aluminum and fiber optic wire and cable products for the energy, industrial and communications markets.