Loos & Co. Acquisition by Central Wire Industries Expands Market Reach
The Loos & Co acquisition by Central Wire Industries marks a significant move in the stainless and nickel alloy wire market. Carter Morse & Mathias (CMM), which acted as the financial advisor, announced the deal in July 2018, though it received limited media attention at the time.
As of now, no additional official statements have been released beyond the original press announcement. However, the available details highlight the strategic intent behind the acquisition.
Strategic Impact of Loos & Co Acquisition by Central Wire Industries
CWI President Paul From highlighted how the acquisition strengthens the company’s long-term growth strategy. He explained that adding Loos allows Central Wire Industries to expand its product offerings and reach new markets built around its core wire manufacturing expertise.
You can learn more about Central Wire Industries at https://www.centralwire.com.
Commitment to Legacy and Quality
Joan Loos, representing the second-generation family ownership, explained that the company sought a buyer aligned with its values. The goal focused on maintaining strong relationships with employees, customers, and partners while accelerating innovation and preserving product quality.
She confirmed that Central Wire Industries met these expectations and offered the right fit to carry forward the company’s industry legacy.
Loos & Co.’s Industry Role
Loos & Co. operates manufacturing facilities in Pomfret, Connecticut, and Naples, Florida. The company remains North America’s only vertically integrated manufacturer of aircraft control cable, cable assemblies, and hardware accessories.
Its capabilities include wire drawing, cable stranding, end fitting production, and full cable assembly manufacturing.
Explore Loos & Co. at https://www.loosco.com.
CWI’s Acquisition History
Central Wire Industries continues to expand through strategic acquisitions that strengthen its capabilities and diversify its market reach. Notable acquisitions include Hempel Wire Limited (2015), Strand Core (2014), Charter Specialty Steel – Fond du Lac facility (2010), Techalloy, Inc. (2005), Greening Donald (2003), Nucor – Lancaster facility (1998), and National Filtration (1989).
