# Nexans signs agreement to acquire La Triveneta Cavi

Nexans signed an agreement to acquire Italian cable manufacturer La Triveneta Cavi, which employs 700 people across four production units and generates over €800 million in sales.

- Type: Acquisition
- Announced: 2024-02-09
- Where: Brendola, Tolentino, Montecchio Maggiore, Italy
- Jobs: 700
- Status: announced
- Products: low-voltage cables, medium-voltage cables, building wire, fire-retardant cables, renewable energy cables
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Nexans](https://endata.com/companies/5093.md) (acquirer)
- [La Triveneta Cavi](https://endata.com/companies/75569.md) (target)

## Sources

- [nexans.com](https://www.nexans.com/regulated-informations/nexans-signs-an-agreement-to-acquire-iconic-la-triveneta-cavi/), 2024-02-09: "Nexans has taken a significant leap forward in its electrification strategy by signing an agreement to acquire the iconic Italian company La Triveneta Cavi, with recognized excellence in the European medium- and low-voltage cable segments."
- [nexans.no](https://www.nexans.no/en/newsroom/news/details/2024/02/Nexans-avtale-oppkjop-la-triveneta-cavi.html), 2024-02-13: "The acquisition of La Triveneta Cavi will be a major milestone in our journey to become a global Electrification Pure Player."

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