M&A Deal Summary

Nexans Acquires Centelsa

On September 10, 2021, Nexans acquired electrical equipment company Centelsa from Xignux for 225M USD

Acquisition Highlights
  • This is Nexans’ 9th transaction in the Electrical Equipment sector.
  • This is Nexans’ 3rd largest (disclosed) transaction.
  • This is Nexans’ 1st transaction in Colombia.

M&A Deal Summary
Date 2021-09-10
Target Centelsa
Sector Electrical Equipment
Buyer(s) Nexans
Sellers(s) Xignux
Deal Type Divestiture
Deal Value 225M USD

Target

Centelsa

Yumbo, Colombia
website
Centelsa is a manufacturing company of cables for energy and communications. Centelsa has a network of strategically located offices to cover the national and international markets, thus offering outstanding service levels. Centelsa was founded in 1955 and is based in Yumbo, Colombia.

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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 9 of 11
Sector (Electrical Equipment) 9 of 10
Type (Divestiture) 2 of 3
Country (Colombia) 1 of 1
Year (2021) 1 of 1
Size (of disclosed) 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-07-17 Berk-Tek

New Holland, Pennsylvania, United States

Berk-Tek LLC is a manufacturer of local area network copper and fiber cables for transport high-speed data, voice and power transmissions. Berk-Tek was founded in 1961 and is based in New Holland, Pennsylvania.

Sell $202M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-11-10 Reka Cables

Hyvinkaa, Finland

Reka Cables is a manufacturer of low and medium voltages cables for the Usages and Distribution applications. Reka Cables was founded in 1961 and is based in Hyvinkaa, Finland.

Buy €53M

Seller(S) 1

SELLER

Xignux

San Pedro Garza García, Mexico

website

Category Company
Sector Diversified
DESCRIPTION

Xignux is a Mexico-based company dedicated to the energy and food industries with sales in more than 40 countries. In the energy industry, Xignux has Viakable that offers electrical conductors; Prolec specialized in energy transformation and delivery, and Voltrak is prominent in electrical infrastructure and electromechanical assemblies. In the food industry, Xignux is present through Qualtia , which offers a wide food portfolio, and BYDSA with a wide variety of salty snacks. Xignux is based in San Pedro Garza García, Mexico.

DEAL STATS #
Overall 1 of 1
Sector (Electrical Equipment) 1 of 1
Type (Divestiture) 1 of 1
Country (Colombia) 1 of 1
Year (2021) 1 of 1
Size (of disclosed) 1 of 1
Mergr

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