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Nexans announced exclusive negotiations with Samvardhana Motherson International Limited (Motherson) for the sale of its wiring harness business Autoelectric for an enterprise value of €207 million. Autoelectric, headquartered in Floss, Germany, generated €749 million in sales in 2024.
“Nexans announces today having entered into exclusive negotiations with Motherson for the sale of Nexans' wiring harness business Autoelectric for an Entreprise Value of € 207 million.”nexans.com
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