M&A Deal Summary

General Cable Acquires Silec Cable S.A.S.

On December 22, 2005, General Cable acquired electrical equipment company Silec Cable S.A.S. from Safran

Acquisition Highlights
  • This is General Cable’s 1st transaction in the Electrical Equipment sector.
  • This is General Cable’s 1st transaction in France.

M&A Deal Summary

Date 2005-12-22
Target Silec Cable S.A.S.
Sector Electrical Equipment
Buyer(s) General Cable
Sellers(s) Safran
Deal Type Divestiture

Target

Silec Cable S.A.S.

Montereau, France
Silec Cable S.A.S., is a supplier of wire and cable products.

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Buyer(S) 1

Buyer

General Cable

Highland Heights, Kentucky, United States

Category Company
Founded 1992
Sector Electrical Equipment
Employees12,000
Revenue 4.2B USD (2015)
DESCRIPTION

General Cable Corp. develops, designs, manufactures, markets and distributes copper, aluminum and fiber optic wire and cable products and systems for the energy, industrial, specialty, construction, and communications markets. General Cable Corp. was formed in 1992 and is headquartered in Highland Heights, Kentucky.


DEAL STATS #
Overall 1 of 11
Sector: Electrical Equipment M&A 1 of 11
Type: Divestiture M&A Deals 1 of 4
Country: France M&A 1 of 1
Year: 2005 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-04-27 Norddeutsche Seekabelwerke & Co. KG

Nordenham, Germany

Norddeutsche Seekabelwerke GmbH & Co. KG, is a provider for a variety of specialty products including specialized high-end winding wire for high voltage motor applications and specialty extrusions for various filtration and waste water treatment applications.

Buy -

Seller(S) 1

SELLER

Safran

Paris, France

Category Company
Founded 1924
Sector Aerospace
Employees96,390
Revenue 27.7B EUR (2024)
DESCRIPTION

Safran operates in four segments: aerospace propulsion, aircraft equipment, defence, and security. Safran was founded in 1924 and is based in Paris, France.


DEAL STATS #
Overall 1 of 8
Sector: Electrical Equipment M&A 1 of 2
Type: Divestiture M&A Deals 1 of 7
Country: France M&A 1 of 3
Year: 2005 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-03-18 Snecma SA

Evry, France

Snecma SA is a provider of propulsion systems and equipment for launchers, space vehicles, and satellites.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-06-24 Sdu-Identification BV

Haarlem, Netherlands

Sdu-Identification BV is a supplier of secure identification documents, including electronic and biometric passports, ID cards and driver licenses.

Buy -