# Gaon Cable acquires 100% stake in LSCUS

Gaon Cable announced it has secured a 100% stake in LSCUS, a distribution cable manufacturer in Tarboro, North Carolina, by acquiring the 82% stake held by LS Cable & System.

- Type: Acquisition
- Announced: 2024-11-19
- Where: Tarboro, North Carolina, United States
- Status: announced
- Products: distribution cables
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Gaon Cable](https://endata.com/companies/15295.md) (acquirer)
- [LSCUS](https://endata.com/companies/15296.md) (target)
- [LS Cable & System](https://endata.com/companies/21025.md) (partner)

## Sources

- [lscable.eu](https://lscable.eu/newsmedia/news/view?boardno=279), 2024-11-19: "We plan to strengthen our competitiveness by developing products tailored to local demand and securing a stable supply chain."
- [lscns.co.kr](http://www.lscns.co.kr/en/pr/news_view.asp?idx=118455), 2024-11-19: "We plan to strengthen our competitiveness by developing products tailored to local demand and securing a stable supply chain."

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