Investment Summary

Prysmian Invests In Oman Cables Industry

On December 16, 2015, Prysmian invested in electrical equipment company Oman Cables Industry

Investment Highlights
  • This is Prysmian’s 4th transaction in the Electrical Equipment sector.
  • This is Prysmian’s 1st transaction in Oman.

Investment Summary

Date 2015-12-16
Target Oman Cables Industry
Sector Electrical Equipment
Investor(s) Prysmian
Deal Type Stake Purchase

Target

Oman Cables Industry

Rusayl, Oman
Oman Cables Industry is a developer, manufacturer and marketer of electrical products, which include medium voltage power cables, low voltage power & control cables, instrumentation cables, pilot cables, overhead power transmission line conductors and building wires.

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Investor(S) 1

Investor

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 6 of 9
Sector: Electrical Equipment M&A 4 of 6
Type: Stake Purchase M&A Deals 1 of 1
Country: Oman M&A 1 of 1
Year: 2015 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-09-25 Gulf Coast Downhole Technologies

Houston, Texas, United States

Gulf Coast Downhole Technologies LLC is a designs and manufactures downhole equipment for the oil and gas industry.

Buy $45M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-12-04 General Cable

Highland Heights, Kentucky, United States

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.

Buy $3.0B