Nexans Expands U.S. Presence with Acquisition of Republic Wire

On April 27, 2026, Nexans announced its acquisition of Republic Wire, a move that solidifies its foothold in the U.S. low-voltage market. This acquisition is seen as a strategic step for Nexans to enhance its North American presence, following its recent purchase of Electro Cables in Canada. The transaction, valued at approximately €680 million, is expected to close in the third quarter of 2026, pending regulatory approvals.

Republic Wire, headquartered in Cincinnati, Ohio, is a well-established manufacturer specializing in low-voltage copper and aluminum wire products. The company generated around €520.1 million in revenue and completed a significant expansion to boost production capacity by 30%. The acquisition aspires to generate synergies valued at €231 million over three years, with the transaction anticipated to impact earnings positively.