Article: Business briefs

Superior Essex buys Nexans Canada wire

Atlanta-based wire and cable manufacturer Superior Essex, Inc., has completed its acquisition of Nexans' magnet wire operations in Simcoe, Ontario. The transaction consists of the acquisition of key operating assets, including inventory and property, plant and equipment. The Canadian business will be combined with the operations of Superior Essex's pending acquisition in Tianjin, China, and its current European magnet wire operations. Superior Essex manufactures a broad portfolio of wire and cable, with primary applications in the communications, magnet wire, and related distribution markets.

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