LYNXEO acquired by LATOUR CAPITAL
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 [members only] in 2024, is valued in this transaction at an EV/EBITDA multiple of 5x–12x, a level significantly lower than the average currently observed in the TMT (Tech, Media, Telecom) sector (14.6x).
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Target
Telecommunications cabling and infrastructure division of Nexans group.
Ent. Value
€500M–1.5bn
Equity Value
[members only]
Multiples
EV / Revenue
below 1.5x
EV / EBITDA
5x–12x
EV / EBIT
[members only]
Historical Financials (EUR)
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Other operations with LATOUR CAPITAL
| Date | Acquirer | Target | Country | Sector |
|---|---|---|---|---|
| 06/2026 | LATOUR CAPITAL | SAVELYS | FRANCE | HVAC (Heating/AC) |
| 06/2026 | LATOUR CAPITAL / BPIFRANCE | CERBAIR | FRANCE | Electronics |
| 05/2025 | LATOUR CAPITAL | ROLLAKIN (BOLLIN / ROLLIN) | FRANCE | Components |
| 03/2025 | LATOUR CAPITAL | SULO | FRANCE | Collection & Recycling |
| 05/2024 | LATOUR CAPITAL | SYSTRA | FRANCE | Engineering & Consulting |
| 12/2023 | LATOUR CAPITAL | EUROPEAN DIGITAL GROUP (EDG) | FRANCE | Digital Marketing, SEO, SEA, Data Analytics |
| 03/2023 | LATOUR CAPITAL | GUTOR | SWITZERLAND | Electrical Equipment |
| 07/2022 | LATOUR CAPITAL | PHARMACIE LAFAYETTE - GROUPE HYGIE31 | FRANCE | Pharmacy |
| 10/2020 | LATOUR CAPITAL | SANTIANE | FRANCE | Brokerage |
| 09/2018 | LATOUR CAPITAL / BPIFRANCE / BNP PARIBAS DEVELOPPEMENT | SOGETREL | FRANCE | Infrastructures |
REFERENCES
Valuation range: EV €500M–1.5bn
Revenue range: €450–900M
EBITDA range: €50–100M
EV/Revenue range: below 1.5x
EV/EBITDA range: 5x - 12x
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