At what enterprise value was REKA CABLES acquired in 2023?

During the acquisition of REKA CABLES by NEXANS in 2023, the transaction's Enterprise Value is estimated to be in the range of 50M - 150M EUR.

What was the EV/EBITDA of REKA CABLES when it was acquired by NEXANS?

The estimated EV/EBITDA multiple for REKA CABLES is in the range of below 5x.

When was REKA CABLES acquired by NEXANS?

REKA CABLES was acquired by NEXANS in 2023.

What was the revenue of REKA CABLES at the time of the deal?

The revenue of REKA CABLES at the time of the deal is estimated to be in the range of 100M - 200M EUR.

What was the EBITDA of REKA CABLES during the acquisition?

REKA CABLES's EBITDA is estimated to be in the range of 5M - 25M EUR.

How is the data for the REKA CABLES acquisition sourced and is it reliable?

Mynth data is contributed by a professional community of M&A and Private Equity experts. Each transaction, including the REKA CABLES deal, is systematically cross-verified by our team using private deal documents and official sources. You can also find the official press release for this transaction here: https://www.nexans.com/fr/communiques-de-presse/nexans-finalise-lacquisition-de-reka-cables-pour-poursuivre-lelectrification-des-pays-nordiques/

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Home Database Industry & ManufacturingREKA CABLES

04/2023

REKA CABLES acquired by NEXANS

FINLAND Industrial Equipment / Components / Cabling & Connectivity EV 50M - 150M EUR

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 in 2022, is valued in this transaction at an EV/EBITDA multiple of , a level than the average currently observed in the Industry & Manufacturing sector (11.8x).

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Target

Finnish manufacturer of high, medium, and low voltage cables.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year

Rev

EBITDA

EBIT

2022

2021

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REFERENCES

Valuation range: EV 50M - 150M EUR

Revenue range: 100M - 200M EUR

EBITDA range: 5M - 25M EUR

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