Coleman Cable Acquires Assets of Both First Capitol Wire & Cable and Continental Wire & Cable (CCIX)

Coleman Cable CCIX, a leading manufacturer and innovator of electrical and electronic wire and cable products, announced today that it has completed the acquisition of the assets of First Capitol Wire & Cable, as well as the assets of Continental Wire & Cable for a total purchase price of $7.15 million.   First Capitol and Continental are leading manufacturers of industrial wire and cable products used across a number of commercial, utility and industrial end-markets. Both companies have a long-established history of providing customers with high-quality custom wire and cable products, including First Capitol's design and production of a broad line of high-temperature wire and cable products used in OEM applications, as well as within a number of applications for the energy, commercial and industrial end markets.