M&A Deal Summary

Nexans Acquires AmerCable

On February 20, 2012, Nexans acquired electrical equipment company AmerCable from Quintana Capital Group for 275M USD

Acquisition Highlights
  • This is Nexans’ 6th transaction in the Electrical Equipment sector.
  • This is Nexans’ 2nd largest (disclosed) transaction.
  • This is Nexans’ 2nd transaction in the United States.
  • This is Nexans’ 1st transaction in Arkansas.

M&A Deal Summary

Date 2012-02-20
Target AmerCable
Sector Electrical Equipment
Buyer(s) Nexans
Sellers(s) Quintana Capital Group
Deal Type Add-on Acquisition
Deal Value 275M USD

Target

AmerCable

El Dorado, Arkansas, United States
website
AmerCable is a manufacturer of electrical power cables used in severe operating environments such as offshore drilling platforms and mines as well as specialized applications for automotive robotics and telecommunications.

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Buyer(S) 1

Buyer

Nexans

Paris, France

website


Category Company
Founded 1994
Sector Manufacturing
Employees23,184
Revenue 8.4B EUR (2022)
DESCRIPTION

Nexans provides cables and cabling solutions for energy infrastructure, industry, and building markets worldwide. It operates through three segments: Transmission, Distribution, and Operators; Industry; and Distributors and Installers. Nexans was founded in 1994 and is based in Courbevoie, France.


DEAL STATS #
Overall 6 of 11
Sector (Electrical Equipment) 6 of 10
Type (Add-on Acquisition) 5 of 7
State (Arkansas) 1 of 1
Country (United States) 2 of 2
Year (2012) 1 of 2
Size (of disclosed) 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-05-29 Intercond

Limito di Pioltello, Italy

Intercond SPA is a manufacturer of special cables mainly for industrial equipment including subsea activities.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-10-01 Shandong Yanggu New Rihui

Liaocheng, China

Shandong Yanggu New Rihui is a join venture company owned by Nexans and Shandong Yanggu Cable Group Co., Ltd.

Buy -

Seller(S) 1

SELLER
DESCRIPTION

Quintana Capital Group is a private investment group that makes control-oriented investments in the energy industry. Quintana will consider investments across the energy spectrum, including upstream, services, and downstream. The Firm targets investments ranging from $10 to $125 million. Quintana is based in Houston, Texas.


DEAL STATS #
Overall 2 of 4
Sector (Electrical Equipment) 1 of 1
Type (Add-on Acquisition) 2 of 3
State (Arkansas) 1 of 1
Country (United States) 1 of 3
Year (2012) 1 of 1
Size (of disclosed) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-04-01 Stone Mountain Resources

Calgary, Alberta, Canada

Stone Mountain Resources Ltd. is a natural gas exploration and production company in Western Canada that has evolved into an unconventional gas company with interests in both the Horn River Basin and Montney shale-plays in Northeast British Columbia. Stone Mountain Resources was established in 2005 and is based in Calgary, Alberta.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-01-01 Quintana Energy Services

Houston, Texas, United States

Quintana Energy Services, Inc. provides a wide range of completion, production and drilling services to onshore E&P customers operating in unconventional resource plays and conventional basins throughout the U.S. QES operates via two subsidiaries, Consolidated and DDC. Consolidated provides frac, cementing, acidizing, wireline, water heating, and transfer and CO2 product sales and transportation services. DDC provides directional and horizontal measurement-while-drilling services, downhole navigational and rental tools, and associated support services. Quintana Energy Services was founded in 2017 and is based in Houston, Texas.

Buy -