Diploma completed the acquisition of Windy City Wire for $465m.

Diploma, the international group supplying specialised technical products and services, completed the acquisition of Windy City Wire, a value-add distributor of premium quality, low voltage wire and cable in the US, for $465m. "As a high-quality wire and cable distribution business with a strong management team and an impressive value-add customer proposition, WCW is a perfect fit with our business model. Furthermore, it accelerates our strategy of focussing our growth in our key markets in a product area we know well, providing a scalable platform for our Controls sector in the US. The business has an excellent performance track record and is positioned well in high structural growth end segments to deliver exciting growth in the future," Johnny Thomson, Diploma CEO.