# Nexans completes acquisition of La Triveneta Cavi for €520M

Nexans completed the acquisition of La Triveneta Cavi, an Italian manufacturer of medium- and low-voltage cables, for an enterprise value of about €520 million. The deal expands Nexans' electrification business in Europe.

- Type: Acquisition
- Announced: 2024-06-04
- Where: Italy
- Value: $565.0M (520.0M EUR)
- Status: completed
- Products: low-voltage cables, medium-voltage cables, fire-resistant 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

- [rekakabel.se](https://www.rekakabel.se/nexans-completes-acquisition-of-la-triveneta-cavi/), 2024-06-12: "The acquisition of La Triveneta Cavi is fully in line with our vision of Nexans as a global electrification pure player."
- [rbbecon.com](https://www.rbbecon.com/news/article/power-cables-merger-unconditionally-cleared-by-ec/), 2024-06-25: "With both Parties active in the supply of medium- and low-voltage cables, this acquisition bolsters Nexans' strategy to become an 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.