Accent Wire Tie Acquires Cavert Wire Company
July 7, 2021
Accent Wire Tie, a portfolio company of Crossplane Capital, acquired Cavert Wire Company, North America's largest manufacturer of baling wire, based in Rural Hall, North Carolina. The deal combines Cavert’s 110,000 ft2 manufacturing plant and 80,000 ft2 distribution facility with Accent’s network to form the continent’s largest baling wire manufacturing and distribution platform, expanding manufacturing and distribution capabilities for the recycling and waste markets.
- Buyers
- Accent Wire Tie, Crossplane Capital
- Targets
- Cavert Wire Company
- Platforms
- Accent Wire Tie
- Industry
- Manufacturing
- Location
- North Carolina, United States
- Transaction Type
- Addon
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