mynth
03/2025

LYNXEO acquired by LATOUR CAPITAL

FRANCE Telecom / Infrastructures EV 500M - 1.5b EUR

Context

Nexans, a global leader in cable systems and services, has finalized the divestiture of its industrial cables division, Lynxeo, to the French private equity firm Latour Capital. The transaction, completed on June 30, 2025, was valued at an enterprise value of �525 million. This divestment marks a decisive step in Nexans� strategic pivot to become a "pure player" in the electrification sector. By shedding its specialized industrial assets, Nexans aims to simplify its operational model and reallocate resources toward the global energy transition and high-voltage subsea markets.

LYNXEO, which reported an EBITDA margin of in 2024, is valued in this transaction at an EV/EBITDA multiple of , a level as low as the average currently observed in the TMT (Tech, Media, Telecom) sector (14.5x).

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Target

Telecommunications cabling and infrastructure division of Nexans group.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year
Rev
EBITDA
EBIT
2024
2023

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REFERENCES

Valuation range: EV 500M - 1.5b EUR

Revenue range: 450M - 900M EUR

EBITDA range: 50M - 100M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of LYNXEO by LATOUR CAPITAL 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: lynxeo

Acquirer: latour capital