Press Releases
Posted August 2, 2023

Farmers Copper Has Been Acquired by Wieland

Industrial Services & Manufacturing
Transaction Type
Mergers & Acquisitions,
Cross-Border Transactions
Texas City, Texas

HOUSTON, August 2, 2023 – GulfStar Group (“GulfStar”) is pleased to announce the sale of Farmer’s Copper, Ltd. (“Farmers Copper” or the “Company”) by Four Winds Investments, Inc. to Wieland Group (“Wieland”). GulfStar served as the exclusive financial advisor to Farmers Copper throughout the transaction, which closed on July 10, 2023.

Headquartered in Texas City, Texas, Farmers Copper is a leading metal supply company. It is a legacy business descended from Farmer’s Marine Copper Works, Inc., a company that was founded in Galveston, Texas in 1920 by Les and Sidney Farmer. Farmers Copper supplies copper, brass and bronze alloys to a long-standing customer base across aerospace, marine, defense, oil & gas and electrical market segments in North America. The Company distinguishes itself with its excellent service, custom processing capabilities and outstanding delivery performance. The Company will be integrated into the industry-leading service center network of Wieland Metal Services, a business unit of Wieland.

“We chose GulfStar to assist us in selling our family company due to their professionalism, and they more than exceeded our expectations,” said Sid Farmer, director at Four Winds Investments, Inc. “The Wieland team impressed us from the first meeting, and all three branches of our family were delighted with the outcome GulfStar achieved for us.”

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, Wieland 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 urbanization. High technical competence, customer-oriented thinking and sustainability determine their actions and have been the basis of the company’s success since 1820.

“Farmers Copper is a fourth-generation family business with both active and non-active family members,” said Cliff Atherton, managing director of GulfStar. “As a result, there was a lot of pride and emotional ownership associated with this transaction, which met the objectives of all family members.”

“We appreciated the opportunity to work with the Farmers Copper team on this important transaction,” said Tom Hargrove, managing director of GulfStar. “The acquisition of Farmers Copper will further expand Wieland’s North American footprint, giving customers greater access to products and service offerings.”

The GulfStar team was led by Managing Directors Cliff Atherton and Tom Hargrove with support from Senior Vice President Charles Craig and Associates Ravi Shivarajpur and Jack Brady.

In addition, Nathan Sommers Jacobs served as legal counsel, and Moss Adams provided transaction accounting services to Farmers Copper.

About GulfStar Group
GulfStar is a leading middle market investment bank headquartered in Houston. GulfStar specializes in providing merger and acquisition advisory services, institutional private placements of equity and debt, and general corporate finance advisory services to companies with revenues or enterprise values generally ranging from $25 million to $350 million. Since its formation in 1990, GulfStar has completed more than 750 transactions in 37 states and 17 foreign countries across a variety of industries.

GulfStar Group
700 Louisiana Street
Suite 3800
Houston, Texas 77002


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