United Copper Industries Acquired by Private Equity Firm KPS Capital Partners

United Copper Industries (UCI), Denton, Texas, a manufacturer of building wire, was acquired on Sept. 29 by New York-based KPS Capital Partners, LP, a U.S.-based private equity fund, from the Mexican firm Grupo IUSA, which reportedly wanted to exit the wire and cable business. UCI will continue to operate independently under the same name and present leadership team.

In a press statement announcing the acquisition, Andy Blanchard, CEO of UCI, said all current UCI sales programs would

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TAGS: Wire & Cable
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