Encore Wire

Activity by year

2017201820192020202120222023202420252026

AcquisitionNew facility

Jul 1, 2024NEW FACILITYMcKinney, Texas, United States$500.0M120 jobsops 2027
Prysmian to build $500M medium voltage cable plant in McKinney, Texas
Prysmian is investing $500 million in a new medium voltage cable production facility at Encore Wire's McKinney Campus in Texas, expected online in 2027, creating 120 new jobs.
Prysmian Encore Wire partner #Electrical Equipment na.prysmian.com
Apr 12, 2024ACQUISITIONUnited States$4.20B
Prysmian to acquire Encore Wire for $290 per share
Prysmian S.p.A. has entered into a definitive merger agreement to acquire Encore Wire Corporation for $290.00 per share in cash, implying an enterprise value of approximately €3.9 billion. The transaction is expected to close within four years and will enhance Prysmian's North American presence.
Prysmian acquirer Encore Wire target #Electrical Equipment prysmian.com nsenergybusiness.com
Nov 7, 2017ACQUISITIONTexas, United States$3.00B
Prysmian acquires Encore Wire
Encore Wire joined Prysmian's North American operations in July 2024, combining Prysmian's expertise with Encore Wire's service model.
Prysmian acquirer General Cable Corporation target Encore Wire target #Electrical Equipment gen-mark.com na.prysmian.com electricalconnection.com.au

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