mynth
← DATABASE
10/2025

ELECTRO CABLES acquired by NEXANS

CANADA Industrial Equipment / Components / Cabling & Connectivity REV 100M - 200M EUR

Context

Nexans signed an agreement to acquire 100% of Electro Cables Inc. to strengthen its "PWR-Connect" segment in Canada. This acquisition is highly complementary to Nexans' existing Canadian portfolio, providing access to specialized low-voltage markets and high-growth infrastructure segments (EV transport, data centers). The deal is expected to be EPS accretive from Year 1. Nexans plans to deploy its "SHIFT" performance program to unlock significant operational synergies and optimize the local supply chain.

ELECTRO CABLES, which reported an EBITDA margin of in 2024, is valued in this transaction at an EV/EBITDA multiple of , a level to compare with the average currently observed in the Industry & Manufacturing sector (11.6x).

-> Deep-dive in Industry & Manufacturing market trends

Target

Founded in 1985, Electro Cables is a family-owned Canadian specialist in low-voltage cable systems. The company provides high-performance solutions for mission-critical buildings (Healthcare) and high-growth infrastructure projects, including data centers, gigafactories, and renewable energy sites. It operates two manufacturing facilities in Ontario.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year
Rev
EBITDA
EBIT
2024
2023

Similar deals in Industrial Equipment

List of similar M&A transactions (Date, Acquirer, Target, Country, Sub-sector)
DateAcquirerTargetCountrySector
11/2025KITRONDELTANORDICSWEDENElectrical Equipment
11/2025MANAGEMENT & PRIVATE INVESTORSPOGGIPOLINIITALYComponents
10/2025KEYSIGHT TECHNOLOGIESSPIRENT COMMUNICATIONSUNITED KINGDOMInstrumentation & Measurement
10/2025SOFTBANKABB ROBOTICS BUSINESSSWITZERLANDRobotics & Automation
10/2025MOLEX ELECTRONIC TECHNOLOGIESSMITHS INTERCONNECTUNITED KINGDOMComponents
09/2025MIRIONPARAGON ENERGY SOLUTIONSUNITED STATESInstrumentation & Measurement
09/2025KNORR-BREMSEDUAGONSWITZERLANDElectrical Equipment
08/2025APOLLO GLOBAL MANAGEMENTKELVIONGERMANYBoilers & Thermal Solutions
07/2025DXP ENTERPRISESMOORES PUMP & SERVICESUNITED STATESValves, Pumps & Taps
03/2023ALPHA PRIVATE EQUITY / PENINSULA CAPITALPRIMA INDUSTRIEITALYMachine Tools

REFERENCES

Revenue range: 100M - 200M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of ELECTRO CABLES by NEXANS are reserved for mynth community members. Register for free to unlock full data.

Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.

Target: electro cables

Acquirer: nexans