Private equity firm to buy International Wire Group, looks to further company growth


Stamford-based private equity firm Olympus Partners has agreed to acquire the International Wire Group (IWG) from its parent company, Atlas Holdings, in a deal reported to be valued at more than $900 million. “When we acquired IWG, we partnered with…
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Leoni AG undergoes financial restructuring, will emerge as privately owned company


Leoni AG has reached an agreement with lenders, bondholders and a strategic investor on a financial-restructuring plan that will result in the business having a firmer financial base through a series of steps being taken. Per multiple media…
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WireCo© launches line of crane rope made in the USA courtesy of a major investment


WireCo©, a leading manufacturer of mission-critical wire rope, synthetic rope and netting, and electromechanical cable, has launched brand-new production of Made in the USA high-performance crane ropes. A press release said that, for the first time…
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Nexans to provide 30 km of underground cables for airport project in Switzerland


Nexans has been chosen by Swissgrid to supply and bury 30 km of Very-High-Voltage (VHV) underground cables to replace overhead power lines along the southern side of the Geneva-Cointrin airport in Switzerland. A press release said that Swissgrid…
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CommScope to expand its production of fiber-optic cable at two plants in the U.S.


CommScope announced that it is expanding its fiber-optic cable production to help feed an accelerated rollout of broadband Internet in the U.S. A press release said that the capacity expansion at two production facilities in North Carolina—projected…
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United Wire Co. partners with FENN to add new products, such as medical grade wire


United Wire Company (UWC) has partnered with OEM FENN LLC to enable it to manufacture small wire sizes with exacting tolerances, such as medical grade stainless steel wire. A press release said that UWC, a manufacturer of flat, square, and…
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12 for Life® Partners with Independent Electrical Contractors to Offer Electrician Certification to…


Southwire’s 12 for Life® is pleased to partner with the Independent Electrical Contractor’s (IEC) Atlanta and Georgia Chapters to provide a Skills-Based Electrical Installer Program to its students. 12 for Life, a collaborative partnership that…
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