- Wieland expands its customer network in North America
- Acquisition is part of Wieland's strategy to provide superior service and extensive product portfolio globally
LOUISVILLE, KY / ACCESSWIRE / July 2, 2021 / The agreement to acquire the business of The Miller Company was concluded through an asset purchase transaction.
The transaction will broaden the customer base served by Wieland's global distribution network (consisting of over 75 facilities and 8,000 employees) and further strengthen Wieland's position in the North American market.
The Miller Company, based in Meriden, Connecticut, is a distributor of a wide range of copper-based alloy strip that serves customers across the United States.
Wieland is a 200-year old, family-owned global technology and service leader in the brass and copper industry, known for excellent customer service and innovative solutions. The move stems from Wieland's pursuit of growth opportunities across North America, Europe and Asia.
The Miller Company customers can expect Wieland to continue to meet their needs for high quality strip made of copper, copper alloys and special alloys in North America and across the world through expanded access to Wieland's world-class manufacturing capabilities, reliable distribution network, and excellent customer service.
Picture Material
By acquiring the business of The Miller Company, Wieland expands its customer network in North America.
Acquisition is part of Wieland's strategy to provide superior service and extensive product portfolio globally
About Wieland
Wieland is one of the world's leading suppliers of semi-finished copper and copper alloy products. With a global network of production sites, service and trading companies, the company offers a broad product, technology and service portfolio.From prototype to series production, Wieland develops solutions for automotive, electronics, refrigeration, air conditioning and other industries. Wieland uses high-performance copper materials to drive the success of its B2B customers in future- oriented fields such as electromobility, connectivity and urbanisation.
High technical competence, customer-oriented thinking and sustainability determine their actions and have been the basis of the company's success since 1820.
Wieland in Brief:
Headquarter
Graf-Arco-Straße 36 | 89079 Ulm | Germany
Facts
*1820 in Ulm, Germany | Sales: approx. 650 kt | Turnover: approx. 4 bn. €
| Locations: 76 | Employees: appr. 8.000 [FY19/20 figures of the Wieland Group]
Executive Board
Dr. Erwin Mayr, CEO | Gregor Tschernjavski, CFO
Chairman of the Supervisory Board
Fritz-Jürgen Heckmann
For further information, please contact
Wieland Group
Michael Demmer | Senior Vice President, Strategy and Business Development & CIO
Graf-Arco-Straße 36 | 89079 Ulm | Germany
P +49 731 944 2233 | [email protected]
wieland.com
SOURCE: Wieland North America