Southwire and Resideo Announce Agreement Related to the Sale of Resideo's Genesis Wire & Cable Business
CARROLLTON, Ga., Sept. 19, 2023 /PRNewswire/ -- Southwire Company, LLC, and Resideo Technologies, Inc. (NYSE: REZI) announced today a definitive agreement for the sale by Resideo to Southwire of its Genesis Wire & Cable business, a leading low-voltage wire and cable manufacturer based in Pleasant Prairie, Wis.
- CARROLLTON, Ga., Sept. 19, 2023 /PRNewswire/ -- Southwire Company, LLC, and Resideo Technologies, Inc. (NYSE: REZI) announced today a definitive agreement for the sale by Resideo to Southwire of its Genesis Wire & Cable business, a leading low-voltage wire and cable manufacturer based in Pleasant Prairie, Wis.
- "We are excited to welcome the Genesis team to Southwire," said Rich Stinson, Southwire's President and CEO.
- "We're excited to welcome the Genesis Cable team to Southwire," said Norman Adkins, COO at Southwire.
- "We look forward to continuing the strong partnership between Genesis and our ADI Global Distribution business and the opportunity to expand our relationship with Southwire."