M&A Deal Summary

Nexans Acquires La Triveneta Cavi

On February 9, 2024, Nexans acquired electrical equipment company La Triveneta Cavi

Acquisition Highlights
  • This is Nexans’ 10th transaction in the Electrical Equipment sector.
  • This is Nexans’ 2nd transaction in Italy.

M&A Deal Summary

Date 2024-02-09
Target La Triveneta Cavi
Sector Electrical Equipment
Buyer(s) Nexans
Deal Type Add-on Acquisition

Target

La Triveneta Cavi

Brendola, Italy
La Triveneta Cavi manufactures low-voltage cables for buildings, infrastructure, fire-retardant cable systems and renewable applications across 30 countries. La Triveneta Cavi was formed in 1965 and is based in Brendola Italy.

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Buyer(S) 1

Buyer

Nexans

Paris, France

Category Company
Founded 1994
Sector Manufacturing
Employees28,541
Revenue 7.8B EUR (2023)
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 11 of 11
Sector (Electrical Equipment) 10 of 10
Type (Add-on Acquisition) 7 of 7
Country (Italy) 2 of 2
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-02-06 Aginode

Paris, France

Aginode designs, manufactures, and distributes smart connectivity solutions based on optical fiber and copper technologies to data centers, smart buildings, and telecom operators. Aginode headquartered in Paris, France and has 8 sites located in France, Belgium, Germany, Greece, Morocco, and China.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-11-08 AmerCable

El Dorado, Arkansas, United States

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. AmerCable was founded in 1899 and is based in El Dorado, Arkansas.

Sell $280M