Kinderhook Industries announces the successful sale of Copperweld Holdings to Rhône, achieving significant growth in EBITDA and positioning Copperweld for future expansion in the bimetallic wiring market.

Information on the Target

Copperweld Holdings, Inc. ("Copperweld") is the leading supplier of bimetallic wiring products and is distinctively recognized as the only U.S. manufacturer of copper-clad steel (CCS) and copper-clad aluminum (CCA) wire. Based in Fayetteville, Tennessee, the company operates additional facilities in Texas and the United Kingdom, serving critical electrification markets such as building wire, utilities, infrastructure, renewable energy, and mobile technology. Under the stewardship of Kinderhook Industries, LLC, Copperweld achieved remarkable growth, increasing its EBITDA by approximately 650% through strong organic growth and the strategic execution of four add-on acquisitions.

With an innovative approach, Copperweld's CCS and CCA products provide numerous advantages including reduced weight, enhanced durability, effective theft deterrence, and cost efficiency. These qualities have solidified Copperweld’s competitive position as a preferred alternative to traditional copper wiring among various industries.

Industry Overview in the Target’s Specific Country

The U.S. wiring market is undergoing significant transformations due to technological advancements and growing demand for energy-efficient solutions. Rising concerns regarding energy consumption and sustainability have pro