Nexans has signed an agreement for the acquisition of 100% of the share capital of Republic Wire, Inc., an American manufacturer of low-voltage copper and aluminium wire products headquartered in Cincinnati, Ohio, that was founded in 1982.
Over the 12 month period through February 2026, Republic Wire generated c.€520[1],[2] million in current revenue. The company operates a fully invested industrial platform comprising a 32.5k square meters manufacturing facility equipped with significant automation, and a newly completed 30k square meters warehouse and distribution center.
The acquisition of Republic Wire is an important step in Nexans’ strategy to expand its geographic footprint to the United States, one of the world’s largest markets and among the fastest-growing for low- and medium-voltage cables. The U.S. low-voltage segment, estimated at c.€12 billion[3], is mainly driven by sustained demand across residential, commercial and data center expansion.
The acquisition of Republic Wire is consistent with Nexans’ strategy and will allow Nexans to:
- Establish an expanded manufacturing and distribution platform in the high-growth U.S. geography, complementing the recent acquisition of Electro Cables in Canada;
- Access residential and commercial channels through Republic Wire’s strong sales agent and distributor network, building on Nexans’ proven global distributor relationships and benefitting from Nexans’ broader complementary product portfolio into additional high-growth verticals, including data centers;
- Create a platform for future organic and inorganic growth across the U.S., ensuring that the Group will benefit through the cycle from structural growth in the region; and
- Generate c.€231 million in run-rate synergies within 3 years, driven by commercial cross-selling opportunities rolling out Nexans’ comprehensive product offering in medium-voltage and grid solutions, technology synergies through the deployment of Nexans’ proprietary manufacturing IP, and industrial synergies through purchasing scale, manufacturing mutualisation and efficiency.
Julien Hueber, Chief Executive Officer of Nexans, said: “The acquisition of Republic Wire marks a transformative moment in Nexans’ journey to become a reference pure player in electrification. The United States represents the single largest growth opportunity in low‑ and medium‑voltage cable, within a premium business segment where quality and reliability drive sales. Republic Wire gives us the expanded platform, the customer relationships and the operational credibility we need to compete in this highly dynamic market. Combined with our recent complementary acquisition of Electro Cables in Canada, we are building an integrated North American business, expanding our industrial footprint in the Americas and reinforcing our positioning in high-growth segments such as data centers, that will serve as a growth engine for the Group for years to come. We are delighted to welcome the Republic Wire team and look forward to creating value together.”
Learn more: www.nexans.com |
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