Paul Weiss Reps KPS Capital in United Copper Buy

Law360, New York (September 29, 2011, 3:38 PM EDT) -- Private equity firm KPS Capital Partners LP announced Thursday that it had acquired United Copper, a privately owned producer of copper wire, promising more moves to increase its copper and metal holdings.

The firm, whose $2.9 billion portfolio spans sectors from automotive to beer, gains UCI's Dallas-area copper wire and cable factory in the deal with Grupo IUSA, the Mexican industrial conglomerate that founded UCI as a toehold in the U.S. electrical market in 1999. Terms of the transaction were not immediately disclosed.

“Our investment in...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.