WireCo WorldGroup Adds On

WireCo WorldGroup, a wire rope maker owned by Paine & Partners, has acquired Phillystran Inc., a Montgomeryville, Penn.-based high tenacity fiber ropes, strands, braids and strength members. No financial terms were disclosed.

Lance Stier Joining Candy Company

Lance Stier will become VP of business development with Nassau Candy Distributors Inc., effective next Monday. He had been an associate with private equity firm Paine & Partners. www.nassaucandy.com

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