Nexans completes sale of Berk-Tek to Leviton

Oct 1, 2020

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Nexans to sell Berk-Tek to Leviton

Jul 17, 2020

Paris, October 1st, 2020 – Nexans announced today the completion of the sale Berk-Tek to Leviton for a total purchase price of $202 million. As already announced on July 17th 2020, the transaction carries a valuation of approximately 10 times over 2019 stand-alone adjusted EBITDA.

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