Elektrisola acquires Rea Magnet Wire's North American assets

Elektrisola acquired Rea Magnet Wire's North American assets, including five manufacturing plants in Indiana, Connecticut, Virginia, and Mexico, and its corporate offices. The business will continue under the Rea brand, employing approximately 800 people.

“Elektrisola and Rea Magnet Wire announced today that Elektrisola has acquired Rea’s North American magnet wire assets.”reawire.com

• 2 sources
• reawire.comElektrisola to Acquire Rea North American Magnet Wire Assets - Rea Magnet Wire Company Inc.Jimmy OhmsMar 31, 2023
• wirenet.orgElektrisola Rea Magnet Wire AcquisitionWJI staff, wire servicesMay 4, 2023

Summarized from public sources; check the original articles before acting on it.