[SMM Aluminum Flash News] Nexans Acquires Republic Wire to Strengthen North America Cable Business

Published: May 4, 2026 11:16
Nexans has acquired 100% of US-based aluminium and copper wire producer Republic Wire, with an enterprise value of about USD 734 million and an earn-out of up to USD 46 million. Republic Wire generates around USD 5.6 billion in revenue and operates a highly automated manufacturing and distribution platform, with capacity expected to increase by about 30% after expansion. Nexans said the deal aims to expand its presence in the US low- and medium-voltage cable market and strengthen its distribution network. The transaction is expected to close in Q3 2026 and generate about USD 250 million in synergies over three years, supporting long-term growth in North America.

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