# Nexans enters exclusive negotiations to sell Lynxeo to Latour Capital

Nexans has entered exclusive negotiations to sell its industrial cable division Lynxeo to Latour Capital for an enterprise value of €525 million. The transaction is subject to regulatory approvals and is expected to close in the second half of 2025.

- Type: Acquisition
- Announced: 2025-03-17
- Value: $570.0M (525.0M EUR)
- Status: announced
- Products: specialty industrial cables
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Nexans](https://endata.com/companies/5093.md)
- [Latour Capital](https://endata.com/companies/7659.md) (acquirer)
- [Lynxeo](https://endata.com/companies/51951.md) (target)

## Sources

- [nexans.com](https://www.nexans.com/regulated-informations/nexans-enters-into-exclusive-negotiations-with-latour-capital-for-the-sale-of-lynxeo/), 2025-03-17: "Nexans announces having entered into exclusive negotiations with Latour Capital for the sale of Lynxeo for €525 million, subject to customary approvals."

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