M&A Deal Summary

Nexans and Shandong Yanggu Cable Group Co. Acquire Shandong Yanggu New Rihui

On October 1, 2012, Nexans and Shandong Yanggu Cable Group Co. acquired electrical equipment company Shandong Yanggu New Rihui

Acquisition Highlights
  • This is Nexans’ 7th and Shandong Yanggu Cable Group Co.’s 1st transaction in the Electrical Equipment sector.
  • This is Nexans’ 1st and Shandong Yanggu Cable Group Co.’s 1st transaction in China.

M&A Deal Summary

Date 2012-10-01
Target Shandong Yanggu New Rihui
Sector Electrical Equipment
Buyer(s) Nexans
Shandong Yanggu Cable Group Co.
Deal Type Joint Venture

Target

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.

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Buyer(S) 2

Buyer

Nexans

Paris, France

Category Company
Founded 1994
Sector Electrical Equipment
Employees28,500
Revenue 8.5B EUR (2024)
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 7 of 13
Sector: Electrical Equipment M&A 7 of 11
Type: Joint Venture M&A Deals 1 of 1
Country: China M&A 1 of 1
Year: 2012 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-02-20 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.

Buy $275M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-01-11 BE Cablecon A/S

Viborg, Denmark

BE Cablecon A/S is a manufacturer and supplier of cable kits for wind turbine companies. BE Cablecon A/S was established in 2007 and is based in Viborg, Denmark.

Buy -
Buyer

Shandong Yanggu Cable Group Co.

Liaocheng, China

Category Company
Sector Electrical Equipment
DESCRIPTION

Shandong Yanggu Cable Group Co., Ltd. is a manufactures cables which includes high voltage cable.


DEAL STATS #
Overall 1 of 1
Sector: Electrical Equipment M&A 1 of 1
Type: Joint Venture M&A Deals 1 of 1
Country: China M&A 1 of 1
Year: 2012 M&A 1 of 1