wiredinUSA March 2014

Southwire acquisition

Cubs Acquisition Corporation, a wholly owned subsidiary of Southwire Company, has successfully completed its previously announced tender offer for all outstanding shares of common stock of Coleman Cable Inc. The offer expired on 10 th February 2014 and following consummation of the offer, Southwire expected to complete the acquisition of Coleman through a merger. Upon completion of the merger, Coleman will become a wholly owned subsidiary of Southwire. Stuart Thorn, CEO and president of Southwire, said: “Our team is looking forward to working together with Coleman to solidify our position at the forefront of the wire and cable industry, and continue providing world-class service to our customers. We are very excited to welcome our Coleman colleagues to the Southwire family and are motivated by the possibilities in front of us.”

wiredInUSA - March 2014

24