Elcowire acquires KME’s Rod and Wire Business
Elcowire has entered into an agreement to acquire KME’s Rod and Wire assets and business located in Hettstedt, Germany with 180 employees. For Elcowire this means a doubling the capacity to 300’000MT for Copper Rod and adding a large share of the market with a wide range of capabilities for Wire & Strands solutions. Acquiring the Rod and Wire business from KME will strengthen Elcowire and give access to a larger customer base and product portfolio, as well as expanding the geographical coverage. The combined capabilities will enable Elcowire to meet the increased demand for refined