Advised on Sale of CompanyAutomotive
Acquired 100% of Business Operations
Advised Empire Wire and Supply, a provider of custom cable assemblies, on its sale to Genuine Parts Corporation, an automotive parts and supplies wholesaler. Empire provides custom cable assemblies and offers a diverse range of products and turn-key solutions for the connectivity, automation and control, wire and cable, safety and solar markets. Empire is a leading manufacturer and automation distributor with locations in the US, Canada and Mexico.
EIS distributes process materials, production supplies, specialty wire and cable and value-added fabricated parts to customers in electrical OEM, electronic, motor repair, wire and cable, and various assembly markets. EIS became a subsidiary of Genuine Parts Company (GPC) in 1998. EIS offers over 100,000 critical products, operating 39 branches and 6 fabrication facilities throughout North America.
"Empire complements the Wire and Cable business at EIS and further strengthens our overall capabilities to serve the industrial robotic and automation markets,” Paul Donahue, President and CEO of GPC, noted in the GPC press release.