Southwire Acquires Genesis Wire & Cable from Resideo
September 19, 2023
Southwire Company LLC has agreed to acquire the Genesis Wire & Cable business from Resideo Technologies Inc. The divestiture — expected to close within 30 days subject to customary conditions — adds a leading U.S. low-voltage cable manufacturer (187 employees) to Southwire's product portfolio to expand its presence in security, HVAC, residential and commercial channels.
- Buyers
- Southwire Company LLC
- Targets
- Genesis Wire & Cable
- Sellers
- Resideo Technologies Inc.
- Industry
- Manufacturing
- Location
- Wisconsin, United States
- Transaction Type
- Divestiture
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