BusinessSeptember 30, 1996
BUSINESS MEMOS: ACQUISITION AGREEMENT
The Essex Group Inc. and Triangle Wire and Cable Inc. have announced the signing of an agreement for the acquisition by Essex of all U.S. and Canadian assets of Triangle. Triangle, headquartered in Lincoln, R.I., has manufacturing facilities at Sikeston, Mo.; Florence, Ala.; Phoenix, Ariz.; and Pawtucket, R.I...The Essex Group Inc. and Triangle Wire and Cable Inc. have announced the signing of an agreement for the acquisition by Essex of all U.S. and Canadian assets of Triangle.
Triangle, headquartered in Lincoln, R.I., has manufacturing facilities at Sikeston, Mo.; Florence, Ala.; Phoenix, Ariz.; and Pawtucket, R.I.
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Essex Group was founded in Detroit in 1930, and is a producer of electrical wire and cable products. Essex has 24 manufacturing facilities.
Closing of the sale is expected in late October.
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