#USA #Camden #Electrification #International Wire #Special Corde

IWG Expands Its Horizons with Special Corde Acquisition

In a significant move within the electrical infrastructure sector, International Wire Group (IWG), a portfolio company of Olympus Partners, has successfully acquired Special Corde S.r.l. This Italian company, which is based in Gioia Sannitica, is recognized as a key supplier of specialty conductors for electrical transformers and other essential electrical components. This acquisition, announced on November 10, 2025, is pivotal as it aligns with IWG's strategy to broaden its footprint in critical sectors of the electrical infrastructure business across North America and Europe.

Special Corde, founded in 2001, has built a stellar reputation in providing high-quality specialty wire and cable specifically designed for power and distribution transformers, electric motors, and related electrical systems. By integrating Special Corde’s offerings into its portfolio, IWG aims to strengthen its position in the rapidly evolving electrification market, where transformers play a crucial role in grid modernization initiatives.

Gregory Smith, the CEO of IWG, emphasized the strategic nature of this acquisition, stating, "This acquisition is yet another opportunity to increase our presence in critical electrical infrastructure applications. As the electrification buildout broadens, transformers represent a critical component of grid modernization. Special Corde will play an important role in supplying products used in these applications."

This acquisition not only reflects IWG's commitment to enhancing its product offerings but also aims at fostering deeper relationships with existing customers in the electrification sector. As global electrification needs continue to rise, IWG is well-positioned to respond effectively by combining Special Corde's expertise with its own extensive experience in the market.

Dino Grandi, the general manager of Special Corde, expressed enthusiasm about joining the IWG family. He stated, "It is a great opportunity to partner with a global brand such as IWG. It is an exciting time to be part of the electrification movement, and we look forward to playing our part in this journey." This sentiment highlights the shared vision of both companies toward contributing significantly to the electrification of global infrastructure.

The Importance of Electrification

The electrification movement is essential in today’s world as it aligns with the goal of establishing more sustainable energy sources and enhancing overall efficiency in electricity consumption. As cities and industries transition toward greener energy alternatives, the demand for reliable electrical infrastructure becomes more vibrant. The role of transformers and specialty electrical components in this sector cannot be overstated, making the acquisition of Special Corde a strategic necessity for IWG.

About IWG and Its Vision

Based in Camden, New York, IWG stands tall as the largest non-vertically integrated manufacturer of copper, copper-alloy, and copper busbar products in the United States. Its operational footprint extends across Europe, fortified by outstanding global engineering capabilities. IWG’s vast product range caters to diverse applications including energy, green electrification, industrial, automotive, and aerospace markets. This broad spectrum showcases IWG's ability to adapt and respond to the dynamic needs of various industries, further exemplified by this recent acquisition.

A Look Ahead

With the acquisition of Special Corde, IWG is set to play a transformative role in the electrical sector. By building on this partnership, both companies look forward to venturing into new markets and expanding their services. As strategic players, they aim to capitalize on the surge in demand for sustainable and efficient electrical infrastructure solutions, ultimately contributing to a more electrified and interconnected world.

The partnership symbolizes a step toward innovative practices and solutions that address the pressing electrification needs of modern society. As IWG integrates Special Corde's specialized offerings into its operations, the market can anticipate the emergence of new products that uphold the standards of quality and performance that both companies are known for.