# 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.

- Type: Acquisition
- Announced: 2023-03-31
- Where: Fort Wayne, Indiana, United States
- Jobs: 800
- Status: completed
- Products: magnet wire, enameled copper wire
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Rea Magnet Wire Company](https://endata.com/companies/19565.md) (target)
- [Elektrisola](https://endata.com/companies/35029.md) (acquirer)

## Sources

- [reawire.com](https://www.reawire.com/about/uncategorized/elektrisola-to-acquire-rea-north-american-magnet-wire-assets/), 2023-03-31: "Elektrisola and Rea Magnet Wire announced today that Elektrisola has acquired Rea’s North American magnet wire assets."
- [wirenet.org](https://wirenet.org/industry-news/elektrisola-has-acquired-the-assets-of-rea-north-american-magnet-wire/), 2023-05-04: "Rea is a great addition to our North American operations and builds on the strength of the Elektrisola Group."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.