# Aptiv completes acquisition of 85% stake in Intercable Automotive Solutions

Aptiv completed the acquisition of an 85% equity stake in Intercable Automotive Solutions from Intercable S.r.l. for €595 million. Intercable specializes in high voltage power distribution and interconnect technology.

- Type: Acquisition
- Announced: 2022-12-01
- Where: Italy
- Value: $630.0M (595.0M EUR)
- Status: completed
- Products: high voltage power distribution, interconnect technology
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Aptiv](https://endata.com/companies/5841.md) (acquirer)
- [Intercable Automotive Solutions](https://endata.com/companies/65265.md) (target)
- [Intercable](https://endata.com/companies/65298.md) (partner)

## Sources

- [aptiv.com](https://www.aptiv.com/en/newsroom/article/aptiv-completes-the-acquisition-of-intercable-automotive-solutions), 2022-12-01: "Aptiv PLC has completed the acquisition of an 85% equity stake in Intercable Automotive Solutions from Intercable S.r.l."
- [ir.aptiv.com](https://ir.aptiv.com/news/news-details/2022/Aptiv-Completes-the-Acquisition-of-Intercable-Automotive-Solutions/default.aspx), 2022-12-01: "Aptiv PLC has completed the acquisition of an 85% equity stake in Intercable Automotive Solutions from Intercable S.r.l."
- [autotechinsight.spglobal.com](https://autotechinsight.spglobal.com/news/5268851/aptiv-completes-acquisition-of-intercable-automotive-solutions-), 2022-12-02: "Aptiv has completed the acquisition of an 85% equity stake in Intercable Automotive Solutions from Intercable S.r.l, according to a press release on 1 December 2022."

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