Nexans has agreed to acquire 100% of the share capital of Republic Wire, expanding its presence in the United States low-voltage cable market.
Headquartered in Cincinnati, Ohio, Republic Wire manufactures low-voltage copper and aluminium wire products for distributors, utilities and municipalities across the US and Canada.
Founded in 1982, the family-owned company generated around €520 million in revenue over the 12 months to February 2026. Republic Wire recently completed a major expansion programme expected to increase production capacity by around 30% by the end of 2026.
Nexans said the acquisition strengthens its North American footprint and creates a platform for future growth in sectors including residential construction, commercial development and data centres.
The deal has an enterprise value of around €680 million, with an additional earn-out of up to €43 million linked to future performance.
The transaction is expected to close in the third quarter of 2026, subject to regulatory approvals and customary closing conditions.
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