EIS Inc., Atlanta, has acquired the assets of Electro-Wire, Inc., Schaumburg, Ill. Electro-Wire is a distributor and contract manufacturer of specialty wire and cable products with four locations in the United States primarily serving the telecom and transit markets.
Bob Thomas, president and CEO of EIS, said in a press release, “We are very pleased to bring Electro-Wire into our specialty wire and cable business and the EIS family. Electro-Wire is one of the most successful specialty wire and cable distributors in the markets they serve. The Electro-Wire team has built a tremendous business over the last 35 years and they will certainly strengthen EIS.”
EIS is a wholly-owned subsidiary of the Atlanta-based and publicly owned Genuine Parts Co., which had 2012 revenues of approximately $13 billion. It operates in four principal segments: automotive replacement parts through its NAPA and other subsidiaries; industrial replacement parts through its Motion Industries subsidiary; business and office products through S.P. Richards Co.; and electrical and electronic process materials and supplies through EIS.