REPUBLIC WIRE acquired by NEXANS
Context
Nexans has entered into an agreement to acquire Republic Wire, a strategic move designed to establish a significant manufacturing and distribution platform for Nexans in the United States. This transaction is a key component of Nexans' strategy to expand its geographic footprint into the large and rapidly growing U.S. market for low and medium-voltage cables, which is being driven by sustained demand from the residential, commercial, and data center sectors. The acquisition of the Ohio-based manufacturer complements Nexans' existing North American operations, including a recent Canadian acquisition, creating a more robust regional presence. A core element of the deal's rationale is gaining access to Republic Wire’s well-established nationwide sales agent and distributor network. Nexans plans to leverage this new platform for both organic and inorganic growth, introducing its broader portfolio of complementary products, such as medium-voltage cables and grid solutions, to new high-growth verticals. The combination is expected to generate substantial run-rate synergies, driven by cross-selling opportunities, the implementation of Nexans' proprietary manufacturing technologies, and industrial efficiencies related to purchasing scale and production optimization. Republic Wire's current management team will remain in place to lead the business, ensuring continuity and a successful integration.
By taking control of Republic Wire, Nexans continues its expansion strategy. Previously, the group had completed 2 acquisitions, including Electro Cables in 2025.
REPUBLIC WIRE, which reported an EBITDA margin of in 2027, is valued in this transaction at an EV/EBITDA multiple of , representing a to the average currently observed in the Industry & Manufacturing sector (11.5x).
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Target
Republic Wire, Inc. is an established American manufacturer specializing in low-voltage copper and aluminum wire products. Founded in 1982 and headquartered in Cincinnati, Ohio, the family-owned company serves a diverse customer base that includes electrical wholesale distributors, utilities, and municipalities across the United States and Canada. The company's operations are centered around a highly automated, 32,500 square meter manufacturing facility, which is complemented by a newly completed 30,000 square meter warehouse and distribution center. This integrated industrial platform supports efficient production and a robust, nationwide logistics network. Republic Wire employs a highly skilled workforce of over 200 associates. The company has a history of investing in its operational capacity, having recently completed a significant expansion program aimed at substantially increasing its production output to meet growing market demand for its core wiring products. This focus on industrial investment and operational excellence positions the company as a key supplier within the North American low-voltage electrical components market.
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REFERENCES
Valuation range: EV 500M - 1.5b EUR
EBITDA range: 50M - 100M EUR
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Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.
Target: republic wire
Acquirer: nexans