BCP/ESSEX HOLDINGS INC
8-K, 1996-11-05
DRAWING & INSULATING OF NONFERROUS WIRE
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                                 UNITED STATES
                      SECURITIES AND EXCHANGE COMMISSION

                            Washington, D.C. 20549

                                   FORM 8-K

                                CURRENT REPORT

   Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

   Date of Report (Date of earliest event reported) -- October 31, 1996


                            BCP/ESSEX HOLDINGS INC.
   -----------------------------------------------------------------------
            (Exact name of registrant as specified in its charter)


      DELAWARE                      1-10211                     13-3496934
   -----------------------------------------------------------------------
   (State or other jurisdiction    (Commission            (I.R.S. Employer
    of incorporation)              File Number)        Identification No.)



   1601 WALL STREET, FORT WAYNE, INDIANA                             46802
   -----------------------------------------------------------------------
   (Address of principal executive offices)                     (Zip Code)


   Registrant's telephone number, including area code:  (219) 461-4000


   -----------------------------------------------------------------------
   (Former name or former address, if changed since last report.)<PAGE>





   Item 5.        Other Events.


     On October 31, 1996  the registrant issued the press  release attached
   hereto as Exhibit 20.1, which is incorporated herein by reference.


   Item 7.        Financial Statements and Exhibits.

          (a)     Financial Statements of Business Acquired:
                  Not applicable.

          (b)     Pro Forma Financial Information:
                  Not applicable.

          (c)     Exhibits:

                  Number    Exhibit Description
                 ------     -------------------

                  20.1      Press release by the registrant on
                              October 31, 1996


                                   SIGNATURE

     Pursuant to the requirements  of the Securities Exchange Act  of 1934,
   the registrant has duly caused this report to be signed on its behalf by
   the undersigned, hereunto duly authorized.


                                        BCP/ESSEX HOLDINGS INC.
                                            (Registrant)




   November 5, 1996                     /s/ James D. Rice
                                        ----------------------------------
                                        James D. Rice
                                        Vice President
                                        Chief Accounting Officer
                                        (Principal Accounting Officer)<PAGE>





                                                     Contact:  Tom Castaldi
                                                             (219) 461-4381


    BCP/ESSEX HOLDINGS INC. COMPLETES ACQUISITION OF TRIANGLE WIRE & CABLE


   FORT  WAYNE,  Ind.,   October  31,  1996  --   BCP/Essex  Holdings  Inc.
   ("Holdings") announced today the  completion of its acquisition, through
   its   wholly  owned   subsidiary   Essex  Group,   Inc.  ("Essex"),   of
   substantially  all  the  assets of  Triangle  Wire  and  Cable, Inc.  of
   Lincoln,  Rhode Island  ("Triangle"), related  to the  sales, marketing,
   manufacturing  and  distribution of  electrical wire  and cable  and the
   assets of its   Canadian affiliate, FLI Royal Wire  and Cable.  Triangle
   manufacturing  facilities acquired  by  Essex are  located in  Florence,
   Ala., Phoenix, Ariz., Sikeston, Mo.  and Pawtucket, R.I..  Terms of  the
   sale were not disclosed.

             According  to Steven  R. Abbott, President  and CEO  of Essex,
   "The  acquisition of Triangle's wire and cable assets positions Essex to
   expand both our  building, commercial and industrial  wire product lines
   and  to  continue  the excellence  in  service,  product innovation  and
   attention  to  customers'  requirements  which all  Essex  and  Triangle
   customers expect.  Furthermore,  the melding of Essex and  Triangle will
   help   advance  the   Essex  commitment   to  continuously   exceed  the
   expectations of employees, customers and shareholders."

             Essex  intends to  continue manufacturing wire  at all  of the
   acquired  Triangle  facilities  while consolidating  production  of  the
   products  among these and other  Essex plants.   Approximately 40 former
   Triangle  employees  will be  relocated  to Essex  headquarters  in Fort
   Wayne.

             Holdings  is a holding company  for Essex, one  of the world's
   largest  producers  of electrical  wire and  cable  products.   Essex is
   included  in the Fortune 1000  list of industrial  and service companies
   and the Forbes 500 list of privately held companies.  Sales in 1995 were
   $1.2 billion.  Essex' business operations, supported by 28 manufacturing
   facilities  in 16  states, produce  a broad  product line  that includes
   magnet wire, building wire,  automotive wire, appliance wire, industrial
   wire, electronic  wire, specialty wiring assemblies, communications wire
   and electrical insulation materials.

                                      ###<PAGE>


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