Italtrecce Srl, a business of U.S.-based International Wire Group (IWG,) has acquired Special Corde Srl, an Italian supplier of specialty conductors based in Gioia Sannitica, Italy.

A press release said that Special Corde Srl, founded in 2001, supplies wire and cable for power and distribution transformers, electric motors and associated electrical systems. The deal was made through IWG’s Italtrecce Srl.

“This acquisition is yet another opportunity to increase our presence in critical electrical infrastructure applications,” said IWG CEO Gregory Smith. “As the electrification buildout broadens, transformers represent a critical component of grid modernization. Special Corde will play an important role in supplying products used in these applications. In addition, Special Corde, with other recent IWG acquisitions, deepens existing customer relationships, playing a vital role in the burgeoning, global electrification needs.

“It is a great opportunity to partner with a global brand such as IWG,” said Dino Grandi, general manager of Special Corde. “It is an exciting time to be part of the electrification movement, and we look forward to playing our part in this journey.”