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 LOGIN in 2027, is valued in this transaction at an EV/EBITDA multiple of LOGIN, representing a LOGIN to the average currently observed in the Industry & Manufacturing sector (11.2x).
Note that this data is based on contribution from our growing community, composed of M&A and Private Equity professionals, and has been verified by our team to ensure its accuracy.
-> Deep-dive in Industry & Manufacturing market trends
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.
Ent. Value
LOGIN
Equity Value
LOGIN
Multiples
EV / Revenue
LOGIN
EV / EBITDA
LOGIN
EV / EBIT
LOGIN
Historical Financials (EUR)
Similar deals in Industry & Manufacturing
| Date | Acquirer | Target | Country | Sector | Deal Context |
|---|---|---|---|---|---|
| 05/2026 | PALOMA RHEEM | GROUPE ATLANTIC | FRANCE | Industrial Equipment | Paloma Rheem Holdings (PRH) has finalized the acquisition of a controlling majority stake in Groupe Atlantic from its founding family shareholders in a transformational, highly sensitive transatlantic industrial transaction |
| 05/2026 | AMETEK | INDICOR INSTRUMENTATION | UNITED STATES | Industrial Equipment | The acquisition of Indicor Instrumentation by AMETEK is a strategic move to expand AMETEK's portfolio of instrumentation businesses and increase its presence in attractive end markets. The transaction is expected to create value through the integration of Indicor's businesses into AMETEK's operating model, and is anticipated to generate significant revenue and profitability synergies |
| 04/2026 | BREGAL UNTERNEHMERKAPITAL | A. EBERLE | GERMANY | Industrial Equipment | BU Bregal Unternehmerkapital have finalized the acquisition of a majority stake in A. Eberle, a maneuver designed to fundamentally accelerate the group’s international growth trajectory. The strategic rationale for this transaction centers on a "secular-growth" play, merging the target's industry-leading technical operational depth in grid measurement technology with the acquirer's extensive experience in scaling technology-driven mid-cap platforms |
| 04/2026 | KONE | TKE (THYSSENKRUPP ELEVATOR) | GERMANY | Industrial Equipment | Kone agreed to acquire TK Elevator from a consortium led by private equity sponsors Advent and Cinven. The deal represents one of the largest exits of a private equity‑owned industrial asset in Europe and is structured as a platform‑level combination between two of the world’s four largest elevator and escalator manufacturers |
| 04/2026 | TECNIKABEL | EIS WIRE & CABLE | UNITED STATES | Industrial Equipment | Tecnikabel has completed the cross-border acquisition of a majority stake in US-based EIS Wire & Cable (« EIS »). The transaction was executed via a private, bilateral process driven by strong industrial complementarities |
| 04/2026 | HEXAGON | WAYGATE TECHNOLOGIES | GERMANY | Industrial Equipment | Hexagon has successfully finalized a definitive agreement to acquire the target from a global energy technology group, marking a transformative expansion of its Manufacturing Intelligence business area |
| 04/2026 | DAIFUKU | EISENMANN | GERMANY | Industrial Equipment | Daifuku Co., Ltd. has finalized the acquisition of 100% of the shares in EISENMANN GmbH from Nimbus Investments, a maneuver designed to fundamentally strengthen the group’s competitive positioning in the European automotive production line systems market |
| 03/2026 | SMITHS GROUP | DRC HEAT TRANSFER | UNITED STATES | Industrial Equipment | Smiths Group plc has agreed to acquire 100% of DRC Heat Transfer to expend Smiths' cooling and thermal management capabilities within the fast-growing data center market. The transaction is expected to close in the second half of fiscal year 2026, subject to customary regulatory approvals |
| 03/2026 | PATELEC GROUP | FCM | ITALY | Industrial Equipment | Patelec Group has acquired a majority stake in FCM srl to strengthen its industrial capacity and expand its product range in wiring and industrial automation. The operation is carefully structured to ensure absolute operational and strategic continuity, with the original founding siblings retaining a significant minority shareholding and remaining actively involved in the enterprise's daily management |
| 03/2026 | LSI INDUSTRIES | ROYSTON GROUP | UNITED STATES | Industrial Equipment | LSI Industries agreed to acquire 100% of Royston Group from Industrial Opportunity Partners. The transaction is financed through a fully committed bridge facility, with permanent financing expected to include a mix of equity and debt, subject to Hart-Scott-Rodino antitrust clearance |
REFERENCES
Valuation range: EV 500M - 1.5b 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 REPUBLIC WIRE by NEXANS are reserved for mynth community members. Register for free to unlock full data.
Authors: verified mynth contributor (mynth data is contributed by M&A / PE professionals and systematically cross-verified with private deal documents and official press releases).
Target: republic wire
Acquirer: nexans