Nexans completed the acquisition of La Triveneta in a €520m deal.

Nexans, an energy transition company, completed the acquisition of La Triveneta, a medium and low voltage cables manufacturer, in a €520m deal. “The acquisition of La Triveneta Cavi is fully in line with our vision of Nexans as a global electrification pure player. This move significantly strengthens our presence in the electrification segment , where we have successfully completed two acquisitions over the past two years and it will further enable the acceleration of new sustainable offer launches in highdemand sectors. Last but not least, I cannot be more delighted to welcome the talented people of La Trivineta Cavi to the Nexans family," Christopher Guérin, Nexans CEO.