wiredinUSA August 2019

Image: Wire Group Holdings Inc

Wire company changes hands

Atlas Holdings LLC has acquired International Wire Group Holdings Inc (IWG), headquartered in Camden, New York. IWG is a designer and manufacturer of copper-based wire products, with over 1,600 employees operating a distribution location and 17 manufacturing facilities across North America and Europe. IWG offerings include bare, silver- plated, nickel-plated and tin-plated copper wire, engineered wire products and high-performance conductors. “IWG is a perfect fit as the newest Atlas

Company,” said Timothy J Fazio, Atlas Holdings co-founder and managing partner. “Our team has spent decades growing and strengthening businesses in the engineered products sector and today we own and operate many global manufacturing and distribution companies.” Atlas has also announced that Gregory J Smith will be IWG’s new president and chief executive officer. Smith succeeds Edwin Flynn, who is stepping down after eight years with the company. Gregory J Smith comes to IWG from Marmon Engineered Wire and Cable.

wiredInUSA - August 2019

10