Nexans Acquires Republic Wire

Nexans, a global electrification company, has signed an agreement to acquire 100% of Republic Wire, Inc., an American manufacturer of low-voltage copper and aluminum wire products, for approximately €680 million, with a potential earn-out of up to €43 million. This acquisition is a strategic move for Nexans to expand its geographic footprint into the United States, one of the largest and fastest-growing markets for low- and medium-voltage cables. Republic Wire, Inc., founded in 1982, generated approximately €520 million in revenue through February 2026 and operates a significant manufacturing and distribution platform in Cincinnati, Ohio. The transaction is expected to close in early Q3 2026, subject to regulatory approvals. The current management team of Republic Wire, Inc., including Ron Rosenbeck and Jeremy Rosenbeck, will remain in place. Nexans anticipates achieving approximately €23 million in run-rate synergies over three years, driven by commercial cross-selling, technology deployment, and purchasing scale. This acquisition, combined with Nexans' recent purchase of Electro Cables in Canada, aims to create an integrated North American business, reinforcing Nexans' positioning in high-growth segments such as data centers.