Nexans completes acquisition of La Triveneta Cavi to strengthen presence in electrification segment
Acquiring Company
Nexans
Acquired Company
La Triveneta Cavi
France
VicenzaManufacturingManufacturingDescription
Nexans SA, a French cable systems and services provider, has successfully finalized the acquisition of Italian medium- and low-voltage cable expert La Triveneta Cavi in a deal valued at around EUR 520 million. This strategic acquisition aims to significantly strengthen Nexans' presence in the electrification segment and accelerate the launch of new sustainable offers in high-demand sectors.
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Frequently asked
Who acquired La Triveneta Cavi?
La Triveneta Cavi was acquired by Nexans, based in France. The deal was reported on June 7, 2024. For over a century, Nexans has played a crucial role in the electrification of the planet and is committed to electrify the future. Nexans is privately held and operates in Manufacturing.
When did Nexans acquire La Triveneta Cavi?
Nexans's acquisition of La Triveneta Cavi was reported on June 7, 2024. Nexans SA, a French cable systems and services provider, has successfully finalized the acquisition of Italian medium- and low-voltage cable expert La Triveneta Cavi in a deal valued at around EUR 520 million. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does La Triveneta Cavi do?
La Triveneta Cavi is an Italian medium- and low-voltage cable expert established in 1965. The company offers solutions for building, infrastructure, fire-retardant cable systems, and renewable applications. It is privately held, operating in Manufacturing, and is based in Vicenza.
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