Olympus Partners and Atlas Holdings-backed International Wire Group to acquire Hussey Copper from KPS Capital Partners.

Olympus Partners and Atlas Holdings-backed International Wire Group, a provider of a comprehensive range of wire products, agreed to acquire Hussey Copper, a supplier of copper products used in electrical infrastructure, from KPS Capital Partners, a private equity firm. Financial terms were not disclosed. "This acquisition represents our steadfast commitment to broadening our presence in the electrical infrastructure ecosystem. Together, IWG and Hussey Copper will play a vital role in supporting emerging grid capacity expansion, AI infrastructure/data center needs, as well as transformer, electric vehicles and renewables. We are excited to welcome the Hussey Copper team and look forward to broadening our customer relationships," Gregory Smith, International Wire Group CEO.