REKA CABLES acquired by NEXANS
Context
Nexans has completed the acquisition of Reka Cables to consolidate its presence in the Nordic region, a market at the forefront of the global energy transition. This transaction aligns with Nexans' strategy to focus purely on electrification. By integrating Reka's local manufacturing footprint and premium brand, Nexans significantly strengthens its ability to serve the Nordic distribution grid and the booming onshore wind sector. The deal also reinforces the group's sustainability credentials, as Reka brings industry-leading carbon neutrality standards. Operationally, Reka Cables will be integrated into Nexans' "Distribution & Usage" business group, allowing for immediate commercial synergies across Scandinavia.
REKA CABLES, which reported an EBITDA margin of [members only] in 2022, is valued in this transaction at an EV/EBITDA multiple of below 5x, a level significantly lower than the average currently observed in the Industry & Manufacturing sector (11.7x).
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Target
Finnish manufacturer of high, medium, and low voltage cables.
Ent. Value
€50–150M
Equity Value
[members only]
Multiples
EV / Revenue
below 1.5x
EV / EBITDA
below 5x
EV / EBIT
[members only]
Historical Financials (EUR)
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Other operations with NEXANS
| Date | Acquirer | Target | Country | Sector |
|---|---|---|---|---|
| 04/2026 | NEXANS | REPUBLIC WIRE | UNITED STATES | Cabling & Connectivity |
| 10/2025 | NEXANS | ELECTRO CABLES | CANADA | Cabling & Connectivity |
REFERENCES
Valuation range: EV €50–150M
Revenue range: €100–200M
EBITDA range: €5–25M
EV/Revenue range: below 1.5x
EV/EBITDA range: below 5x
Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of REKA 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: reka cables
Acquirer: nexans