It has been announced that Central Wire Industries has acquired Hempel Wire Limited, a manufacturer and distributor of stainless and nickel alloy wire, located in Rotherham, United Kingdom. Hempel Wire manufactures and distributes both round and profile wire in a wide variety of alloys, including virtually all stainless steels and nickel alloys.
Central Wire Industries, founded in 1955 and headquartered in Perth, Ontario, Canada manufactures and distributes stainless steel, nickel alloy and copper and brass wire products throughout the world. The company, which maintains eight manufacturing facilities-six in the United States and two in Canada-has 360 employees. Central Wire provides products to many major industries, including aerospace, petrochemical, food-processing, medical, automotive and marine.
The acquisition comes after Hempel Wire’s recent purchase of certain trademarks, trade names and intellectual property from Fox Wire Limited in neighboring Sheffield, enabling Hempel Wire to take a position as the leading supplier of round and shaped stainless steel wire in the United Kingdom. Included in this transaction were the rights to the SUPA family of alloys, including SUPA 75, a well-known and long-standing leader in oil and gas industry applications. Central Wire Industries will augment its product lines with the capabilities and know-how of Hempel Wire as well as utilizing Hempel Wire’s distribution network for Central Wire’s wide range of product offerings. As a result of the transaction, Hempel Wire Limited plans to change its name to Central Wire Industries UK Limited in the very near future.