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Synopsis
Nexans, a global company specializing in the design, manufacture, and service of cable systems and solutions, completed the acquisition of Electro Cables, a Canadian manufacturer specializing in low-voltage cables. Financial terms were not disclosed. “Electro Cables is an exceptional strategic fit for Nexans. Their expertise in low-voltage cables, transit and infrastructure projects, and decades-long customer relationships make them an ideal partner as we expand our presence in Canada. Together, we are building a platform that will power the next chapter of sustainable electrification across North America," Julien Hueber, Nexans CEO.
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