Latour Capital to acquire Lynxeo from Nexans for €525m.

Latour Capital, a France-based private equity fund, agreed to acquire Lynxeo, a powerhouse in specialty industrial cables, from Nexans, a global company in the cable and optical fibre industry, for €525m. "This agreement marks a pivotal milestone in our electrification journey. It will streamline our operations and ensure efficient resource allocation. Our long-term vision for sustainable growth and leadership in the electrification ecosystem starts now. Under Latour Capital’s expert guidance, Lynxeo’s future will shine brightly. Their wealth of experience and strategic insight will undoubtedly catalyze Lynxeo’s growth and innovation," Christopher Guérin, Nexans CEO.