Accent Wire Tie recently acquired Coastal Wire Company, a U.S. company founded in 1978 that specializes in fully annealed baling wire at its plant in Georgetown, South Carolina.
A press release said that Coastal Wire is the only U.S. entity that currently manufactures all baling wire products, including black-annealed coil wire, black-annealed box wire, high-tensile galvanized wire, galvanized bale tie wire, black-annealed bale ties, galvanized bale ties and the company’s proprietary product KleenGreen bale ties. The acquisition took place last December.
Based in Tomball, Texas, Accent Wire Tie notes at its website that it has the largest U.S. baling wire manufacturing and distribution network in the industry. The company has seven mills, and 21 distribution centers. Through its Wire-Tie division, Accent’s core offerings include baling wire distribution, bale tie manufacturing, wire-tier equipment manufacturing, and wire-tier parts and repair services to waste management providers, material recovery facilities, packaging companies and commercial customers throughout the U.S., Canada and the U.K.
Of note, Accent Wire Tire—along with two sister companies, itself was acquired last August by funds managed by Apollo, a deal that had been predicted by Joanna Reiss, partner and co-head of impact at Apollo. “We believe Accent is a critical supplier to the recycling industry poised for continued growth and impact, and we see several opportunities to help grow and develop the company.”
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