# Prysmian acquires Encore Wire

Encore Wire joined Prysmian's North American operations in July 2024, combining Prysmian's expertise with Encore Wire's service model.

- Type: Acquisition
- Announced: 2017-11-07
- Where: Texas, United States
- Value: $3.00B
- Status: completed
- Products: copper and aluminum electrical wire and cables
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Prysmian](https://endata.com/companies/968.md) (acquirer)
- [General Cable Corporation](https://endata.com/companies/25611.md) (target)
- [Encore Wire](https://endata.com/companies/27936.md) (target)

## Sources

- [gen-mark.com](https://www.gen-mark.com/manufacturers/encore-wire/), 2017-11-07: "By combining Prysmian’s expertise and expanded portfolio with Encore Wire’s service model, we proudly join forces to better serve the electrical distribution network."
- [na.prysmian.com](https://na.prysmian.com/resources/press-releases/prysmian-to-aquire-general-cable-for-30-dollars-per-share-in-cash), 2017-12-04: "The acquisition of General Cable represents a landmark moment for Prysmian Group"
- [electricalconnection.com.au](https://electricalconnection.com.au/prysmian-to-acquire-general-cable/), 2017-12-05: "The acquisition of General Cable represents a landmark moment for Prysmian Group and a strategic and unique opportunity to create value for our shareholders and customers."
- [tradepractitioner.com](https://www.tradepractitioner.com/2017/12/prysmian-s-p-a-and-general-cable-corp/), 2017-12-06: "the merger will combine 'two of the premier companies in the cable industry' and enhance Prysmian's presence in North America, Europe and South America."

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