# Prysmian to acquire Atkore for $3.8 billion

Prysmian has entered into a definitive merger agreement to acquire Atkore for $95 per share in cash, with an implied enterprise value of approximately $3.8 billion (€3.3 billion). The transaction will expand Prysmian's presence in North America by adding a complementary portfolio of electrical infrastructure products.

- Type: Acquisition
- Announced: 2026-08-03
- Where: United States
- Value: $3.80B
- Status: announced
- Products: electrical conduits, cable management systems, armoring and framing
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Prysmian](https://endata.com/companies/968.md)
- [Prysmian](https://endata.com/companies/968.md) (acquirer)
- [Atkore](https://endata.com/companies/6959.md) (target)

## Sources

- [prysmian.com](https://www.prysmian.com/en/media/press-releases/prysmian-to-acquire-atkore-to-become-a-fully-fledged-electrical-solutions), 2026-08-03: "Prysmian has entered into a definitive merger agreement to acquire Atkore (NYSE: ATKR) for $95 per share in cash."
- [debevoise.com](https://www.debevoise.com/news/2026/08/atkore-in-its-approximately), 2026-08-03: "Debevoise & Plimpton LLP is advising Atkore Inc. in its sale to Prysmian at an enterprise value of approximately $3.8 billion."
- [it.advfn.com](https://it.advfn.com/mercati/NYSE/ATKR/notizie/99031167/form-8-k-current-report), 2026-08-03: "On August 2, 2026, Atkore Inc. entered into an Agreement and Plan of Merger with Prysmian S.p.A."
- [power-technology.com](https://www.power-technology.com/news/prysmian-announces-acquisition-atkore/), 2026-08-04: "Electrification, AI-driven data centres and digitalisation all require major investments in infrastructure, and they are critical to the modern economy, and the opportunity is substantial in the US."
- [thehardwirenews.com](https://www.thehardwirenews.com/prysmian-atkore-acquisition-data-center-infrastructure/), 2026-08-18: "Prysmian's planned $3.8 billion Atkore acquisition shows how electrical infrastructure is becoming increasingly connected to HVAC, electrification and data-center growth."
- [plasticsiq.com](https://www.plasticsiq.com/tag/mergers-acquisitions/page/2/), 2026-09-10: "This move will expand the company’s presence in North America while also expanding its portfolio of solutions."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.