# 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.

- Type: Acquisition
- Announced: 2021-09-10
- Where: Colombia
- Value: $225.0M
- Status: announced
- Products: cables for building and utilities
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Nexans](https://endata.com/companies/5093.md) (acquirer)
- [Xignux](https://endata.com/companies/11492.md) (acquirer)
- [Centelsa](https://endata.com/companies/57659.md) (target)

## Sources

- [globenewswire.com](https://www.globenewswire.com/news-release/2021/09/10/2295335/0/en/Nexans-and-Xignux-announce-agreement-to-acquire-Centelsa-from-Xignux.html), 2021-09-10: "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."

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