M&A Deal Summary

Accent Wire Tie Acquires Cavert Wire

On July 1, 2021, Accent Wire Tie acquired metals/mining company Cavert Wire

Acquisition Highlights
  • This is Accent Wire Tie’s 1st transaction in the Metals/Mining sector.
  • This is Accent Wire Tie’s 1st transaction in the United States.
  • This is Accent Wire Tie’s 1st transaction in North Carolina.

M&A Deal Summary
Date 2021-07-01
Target Cavert Wire
Sector Metals/Mining
Buyer(s) Accent Wire Tie
Deal Type Add-on Acquisition

Target

Cavert Wire

Rural Hall, North Carolina, United States
website
Cavert Wire is a manufacturer of baling wire, fine specialty wire and bag, and bar ties. Cavert produces from a 110,000 ft2 manufacturing plant and has an 80,000 ft2 distribution facility dedicated to supplying baling wire. Cavert Wire was founded in 1910 and is based in Rural Hall, North Carolina.

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Buyer(S) 1

Buyer

Accent Wire Tie

Tomball, TX, Texas, United States

website

Category Company
Sector Electrical Equipment
DESCRIPTION

Accent Wire Tie is a provider of baling wire to the recycling and waste industry, and manufacturer of award-winning bale tying and packaging equipment. Accent has the industry’s largest, most comprehensive baling wire distribution network with producing mills that are geographically diverse. Accent Wire Tie is based in Tomball, Texas.

DEAL STATS #
Overall 1 of 1
Sector (Metals/Mining) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (North Carolina) 1 of 1
Country (United States) 1 of 1
Year (2021) 1 of 1
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