Nexans and Xignux agree to acquire Centelsa for US$225M

Nexans and Xignux have entered into a share purchase agreement to acquire Centelsa, a Colombian cable maker, for an enterprise value of US$225 million. The transaction is expected to close in the first half of 2022.

“Centelsa acquisition is fully aligned with the Group’s strategic ambition to become a Pure Electrification Player and it enhances Nexans commitment to electrify the world.”globenewswire.com

• 1 source
• globenewswire.comNexans and Xignux announce agreement to acquire CentelsaNexansSep 10, 2021

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