- Acquisition materially strengthens Nexans’ presence in the attractive and fast-growing U.S. low-voltage segment
- Transaction establishes a broader and diversified industrial and commercial platform in North America, supporting Nexans’ long-term electrification growth strategy
- Nexans further increases exposure to structural growth drivers including infrastructure modernization and data center expansion.
Nexans today announced the completion of its acquisition of 100% of the share capital of Republic Wire, Inc. (“Republic Wire”).
Republic Wire is an established American manufacturer of low-voltage copper and aluminum wire products headquartered in Cincinnati, Ohio, serving electrical wholesale distributors, utilities and municipalities across the United States and Canada.
The completion of the transaction marks a major milestone for Nexans, establishing a strategic platform in one of the world’s largest and most dynamic geographies for the cable industry.
The acquisition significantly strengthens Nexans’ position in the U.S. low-voltage segment and enhances the Group’s exposure to attractive long-term electrification trends driven by infrastructure modernization, expanding power demand and fast-growing applications such as data centers.
Combined with Nexans’ existing North American operations and the recent acquisition of Electro Cables in Canada, Republic Wire creates a compelling industrial and commercial platform supporting the Group’s continued expansion across the region.
By combining Republic Wire’s established manufacturing capabilities, nationwide distribution network and customer relationships with Nexans’ global expertise and innovation platform, the Group is well positioned to accelerate growth and further strengthen its presence within the electrification value chain.
The completion of the Republic Wire acquisition represents a major milestone for Nexans and a significant step forward in our expansion in North America. The United States is one of the most attractive cable markets globally, benefiting from powerful structural growth drivers linked to electrification, infrastructure investment and accelerating demand from data centers. With Republic Wire, Nexans establishes a strategic industrial and commercial platform in the U.S., significantly strengthening our ability to support customers in these high-growth segments while advancing our strategy to increase exposure to value-added electrification segments. Together with the Republic Wire teams, we look forward to building the next chapter of Nexans’ growth in North America.
CEO, Nexans
Republic Wire will become part of Nexans’ PWR-Connect business starting June 1st, and will play a central role in supporting the Group’s continued development in North America.
Advisors
PJT Partners is acting as exclusive financial advisor to Nexans; White & Case LLP is acting as legal advisor.
Deloitte Corporate Finance LLC acted as the financial advisor to Republic Wire, Inc; Taft is acting as legal advisor.