International Wire Group to Acquire Hussey Copper

Olympus Partners Acquires Majority Stake in International Wire Group (IWG) from Atlas Holdings

April 14, 2023

Manufacturing

Olympus Partners has signed a definitive agreement to acquire a majority ownership stake in International Wire Group Holdings, Inc. (IWG) from Atlas Holdings, with Atlas remaining as an investor. Headquartered in Camden, New York, IWG is a leading manufacturer of copper and copper-alloy wire products with operations in the United States and Europe; the transaction was expected to close in Q2 2023 and financial terms were not disclosed in the initial announcement.

KPS Capital Partners Acquires Hussey Copper

December 23, 2020

Manufacturing

KPS Capital Partners, through a newly formed affiliate, has completed the acquisition of Libertas Copper, LLC (operating as Hussey Copper) from Zohar III, Ltd. and Ark II CLO 2001-1, Ltd., following Bankruptcy Court approval. KPS said it will leverage Hussey Copper’s manufacturing capabilities and brand to grow the business organically and via strategic acquisitions.

International Wire Group Acquires EMS Elektro Metall Schwanenmühle

November 12, 2025

Manufacturing

International Wire Group (IWG), an Olympus Partners portfolio company, has acquired EMS Elektro Metall Schwanenmühle GmbH (EMS), a German manufacturer of customized high-current busbars with operations in Poland. The acquisition expands IWG’s European footprint and product capabilities across electrical infrastructure, data centers, battery storage, electric vehicles and renewables and complements IWG’s recent platform build-out including Hussey Copper.

Rhône Group Acquires Copperweld from Kinderhook Industries

January 1, 2025

Manufacturing

Rhône Group has acquired Copperweld Holdings, Inc. from Kinderhook Industries. Copperweld, the leading U.S. manufacturer of copper-clad steel (CCS) and copper-clad aluminum (CCA) wire headquartered in Fayetteville, Tennessee, will partner with Rhône to support its next phase of growth across building wire, utilities, infrastructure and renewable energy markets.

Genuine Cable Group (GCG) Acquires United Wire & Cable

February 27, 2026

Industrial Services

Genuine Cable Group (GCG), a value-added distributor of connectivity and power solutions, acquired United Wire & Cable (UWC), a specialty provider of proprietary power cable systems and related products serving data center, power, and industrial markets across North America. UWC will operate within GCG’s Custom Engineered Solutions segment while continuing under its existing brand; financial terms were not disclosed.

American Welding & Gas Acquires Grant Hagberg Co.

May 16, 2025

Industrial Services

American Welding & Gas (AWG) has acquired Grant Hagberg Co., a Griffith, Indiana distributor of bulk and cylinder carbon dioxide and dry ice that also provides hydrotesting and fire extinguisher services. The acquisition expands AWG’s Midwest distribution footprint and complements its existing gas and welding supply operations across the region.