Investment Summary

General Cable Invests In Procables S.A.

On June 4, 2012, General Cable invested in electrical equipment company Procables S.A.

Investment Highlights
  • This is General Cable’s 9th transaction in the Electrical Equipment sector.
  • This is General Cable’s 1st transaction in Colombia.

Investment Summary
Date 2012-06-04
Target Procables S.A.
Sector Electrical Equipment
Investor(s) General Cable
Deal Type Stake Purchase

Target

Procables S.A.

Bogota, Colombia
Procables through its two manufacturing facilities in Bogota and Barranquilla offers a broad range of wire and cable products, including low and medium voltage power cables, building wire, industrial, communications, and bare aluminum conductors as well as operating copper and aluminum rod mills.

Search 200,500 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Investor(S) 1

Investor

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 9 of 11
Sector (Electrical Equipment) 9 of 11
Type (Stake Purchase) 2 of 2
Country (Colombia) 1 of 1
Year (2012) 3 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-05-21 Alcan Cable

Pennsylvania, United States

Alcan Cable is involved in the production of aluminum cable for the utility and building industries. Alcan Cable offers a wide range of bare and insulated conductors to both the utility and distribution markets, supporting them with highly capable resources to ensure the highest value application of our products.

Buy $185M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-11-02 Prestolite Electric

Plymouth, Michigan, United States

Prestolite is a global manufacturer of alternators and starter motors selling into niche markets for heavy-duty, military and industrial applications. Prestolite’s products are primarily manufactured for larger vehicles, including trucks, buses, emergency and off-road vehicles.

Buy -
Mergr

Product

Company

Legal