On April 14, Willkie client Atlas Holdings and Olympus Partners announced the signing of a definitive agreement whereby Olympus will acquire a majority ownership stake in International Wire Group Holdings, Inc. (IWG).

Under the terms of the agreement, Atlas will continue as an investor in the company. IWG is the largest non-vertically integrated copper and copper-alloy wire products manufacturer in the U.S. and maintains operations in Europe, all supported by global engineering capabilities. IWG’s broad product portfolio services a wide range of applications in energy, green electrification, industrial, automotive, aerospace, data communications and other major markets.

Willkie previously advised Atlas in its acquisition of IWG in 2019.

The Willkie team was led by partners Steven Seidman, Mark Cognetti and Laura Acker and included associates Brittany Klinger and David Araoz.