Nexans Acquires Republic Wire to Expand U.S. Low-Voltage Cable Presence
Nexans has acquired Republic Wire, a U.S.-based manufacturer of low-voltage copper and aluminum wire products, to strengthen its presence in the growing U.S. market. The acquisition adds a well-established sales network and manufacturing capabilities, with Republic Wire generating approximately €52 million in revenue over the past 12 months. The deal is expected to support Nexans' strategic growth in the low-voltage cable sector.
Topics: acquisition expansion low-voltage business manufacturing U.S. market