CAMDEN, N.Y. — International Wire Group (IWG), a member of the Olympus Partners and Atlas Holdings portfolio, entered into a purchase agreement to acquire Hussey Copper of Leetsdale, Penn.

“This acquisition represents our steadfast commitment to broadening our presence in the electrical infrastructure ecosystem,” IWG CEO Gregory Smith said in a press release announcing the deal. “Together, IWG and Hussey Copper will play a vital role in supporting emerging grid capacity expansion, AI infrastructure/data-center needs, as well as transformer, electric vehicles, and renewables. We are excited to welcome the Hussey Copper team and look forward to broadening our customer relationships.”

Founded in 1848, Hussey Copper is a leading copper busbar manufacturer and offers a range of electrical components to meet the needs of electrical power generation, transmission, and distribution; AI technology; electric vehicles; and renewables.

“It’s a great time in Hussey Copper’s evolution to join forces with a company that shares a similar commitment and passion for customer service and market leadership,” Hussey Copper CEO Dave Taylor said.

The companies anticipate the acquisition, subject to customer conditions and approvals, will close in the third quarter. IWG did not disclose terms of the deal.

Headquartered in Camden, IWG is the largest non-vertically integrated copper and copper-alloy wire-products manufacturer in the U.S. The company also has operations in Europe. Olympus Partners is a private-equity firm. Atlas Holdings and its affiliates own and operate 27 companies around the world.