Nexans to acquire Republic Wire, establishing a strategic platform in the United States

Nexans today announced that it has signed an agreement for the acquisition of 100% of the share capital of Republic Wire, Inc. (“Republic Wire”), an established American manufacturer of low-voltage copper and aluminum wire products headquartered in Cincinnati, Ohio.

• Nexans significantly expands its presence in the attractive and strategic low voltage business in the U.S. through the acquisition of Republic Wire, a high-quality asset with a well-established nationwide sales network.
• Transaction complements Nexans’ existing North American footprint, creating a compelling growth platform in the U.S.

Strategic rationale

The acquisition of Republic Wire is an important step in Nexans’ strategy to expand its geographic footprint to the United States, one of the world’s largest markets and among the fastest-growing for low- and medium-voltage cables. The U.S. low-voltage segment, estimated at c.€12 billion (Roland Berger February 2026 Market Study), is mainly driven by sustained demand across residential, commercial and data center expansion.

The acquisition of Republic Wire is perfectly consistent with Nexans' strategy and will allow Nexans to:

• Establish an expanded manufacturing and distribution platform in the high-growth U.S. geography, complementing the recent acquisition of Electro Cables in Canada;
• Access residential and commercial channels through Republic Wire’s strong sales agent and distributor network, building on Nexans' proven global distributor relationships and benefitting from Nexans' broader complementary product portfolio into additional high-growth verticals, including data centers;
• Create a platform for future organic and inorganic growth across the U.S., ensuring that the Group will benefit through the cycle from structural growth in the region; and
• Generate c.€23 million in run-rate synergies (FX rate USD to EUR of 0.86) within 3 years, driven by commercial cross-selling opportunities rolling out Nexans’ comprehensive product offering in medium-voltage and grid solutions, technology synergies through the deployment of Nexans’ proprietary manufacturing IP, and industrial synergies through purchasing scale, manufacturing mutualization and efficiency.

"Republic Wire gives us the expanded platform, the customer relationships and the operational credibility we need to compete in this highly dynamic market. Combined with our recent complementary acquisition of Electro Cables in Canada, we are building an integrated North American business, expanding our industrial footprint in the Americas and reinforcing our positioning in high-growth segments such as data centers, that will serve as a growth engine for the Group for years to come. We are delighted to welcome the Republic Wire team and look forward to creating value together."

Julien Hueber

CEO, Nexans