Elcowire has completed the acquisition of KME’s Rod and Wire Business
Elcowire Group has completed the acquisition of KME's copper wire rod, wire and strands business in Hettstedt, Germany, doubling its production capacity to 300,000 tonnes per year.Elcowire, which has streamlined its operations during the pandemic, divesting its China operations and relocating and closing its Mannheim production, is taking a major step to become a significant supplier of copper wire rod in Europe.Elcowire, which has enjoyed profitable growth throughout the pandemic, sees great opportunities in the increasing need for its products for the transition to renewable energy and