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  5. Prysmian Acquires Ravin Cables

M&A Deal Summary

Prysmian Acquires Ravin Cables

On January 19, 2010, Prysmian acquired technology hardware company Ravin Cables

Acquisition Highlights
  • This is Prysmian’s 1st transaction in the Technology Hardware sector.
  • This is Prysmian’s 1st transaction in India.

M&A Deal Summary
Date 2010-01-19
Target Ravin Cables
Sector Technology Hardware
Buyer(s) Prysmian
Deal Type Add-on Acquisition
Advisor(s) Ethica Corporate Finance (Financial)

Target

Ravin Cables

Secunderabad, India
Ravin Cables Limited has been over the years, one of India's leading power cable manufacturers with a legacy of excellence, innovation and world class sophistication.

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Buyer(S) 1

Buyer

Prysmian

Milan, Italy
Category Company
Founded 1879
Sector Technology Hardware
Employees34,060
Revenue 17.0B EUR (2024)
DESCRIPTION

Prysmian manufactures and supplies cables and systems for energy and telecommunications, serving utilities, grid operators, industrial clients, and telecom providers worldwide. Prysmian was founded in 1879 and is based in Milan, Italy.

DEAL STATS #
Overall 3 of 9
Sector: Technology Hardware M&A 1 of 1
Type: Add-on Acquisition M&A Deals 3 of 7
Country: India M&A 1 of 1
Year: 2010 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-12-15 Rybinsk Electrocabel

Russia

Rybinsk Electrocabel is a cable manufacturer.

Buy €11M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-11-22 Draka Holding N.V.

Amsterdam, Netherlands

Draka Holding N.V., through its subsidiaries, engages in the development, production, and sale of cable and cable systems worldwide.

Buy -
Mergr

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