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New Deal


Announced

Completed

Leviton completed the acquisition of Berk-Tek from Nexans for $202m.

Financials

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Transaction Value£156m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales1.3x
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Cross Border

Majority

Single Bidder

Acquisition

Friendly

fiber-optic

Completed

United States

Telecommunications Equipment

Private

Synopsis

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Leviton, an American manufacturer of electrical wiring equipment, completed the acquisition of Berk-Tek, a US manufacturer of fiber-optic and copper network cabling, from Nexans, a France-based company engaged in the cable industry, for $202m. "Berk-Tek is a highly respected North American cabling company with exceptional manufacturing and product development capabilities. By adding Berk-Tek to the Leviton family, we provide truly end-to-end system solutions to our customers, with full integration across engineering, manufacturing and network expertise," Daryoush Larizadeh, Leviton President and Chief Operating Officer.

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