wiUSA December 2013

INDEX

Wire manufacturer seeks sale

Reuters has reported that wire and cable manufacturer Coleman Cable Inc is exploring the sale of the company. Coleman is said to be in early discussions with potential buyers before distributing detailed financial information in the very near future.

taxes, depreciation and amortization and may be valued at more than $750 million, sources revealed. Investment bank Jefferies will advise Coleman during the sale process, which is expected to draw interest mainly from larger cable and wire manufacturers.

The Illinois-based company has about $90 million in annual earnings before interest,

wiredInUSA - December 2013

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