Nexans Signs Agreement for the Acquisition of Republic Wire Nexans has announced that it has signed an agreement to acquire 100% of the capital of Republic Wire, an American manufacturer of low-voltage copper and aluminum wire products, headquartered in Cincinnati, Ohio.
Republic Wire, a family-owned company operating in the low-voltage cable systems market, achieved a current turnover of approximately 520 million euros over 12 months and employs over 200 highly skilled employees.
The acquisition of Republic Wire represents an important step in Nexans’ strategy to expand its geographical footprint in the United States, one of the most dynamic markets in the world for low and medium-voltage cables.
The American low-voltage industry, estimated at around 12 billion euros, is primarily driven by sustained demand in the residential and commercial sectors as well as the expansion of data centers.
The transaction has a total enterprise value of approximately 680 million euros, with an additional price supplement of up to 43 million euros payable in 2028 based on performance until the end of 2027.
The operation is expected to be immediately accretive for earnings per share (EPS) before synergies, which are expected to reach full speed within three years, at around 23 million euros. The implementation costs are estimated at around 23 million euros.
The transaction will be financed through a combination of debt and available cash on the balance sheet. It is expected to close in the early third quarter of 2026, subject to regulatory approvals and other customary conditions.
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