NKT has rebranded its Portuguese cable factory SolidAl under the NKT name, completing a key step in its European integration strategy.
The site in Esposende, acquired in June 2024, will now operate as NKT Cables Portugal as part of the company’s broader move to align its operations under a single brand.
“The Esposende site has quickly become an important part of our Applications business line, contributing to solid revenue and EBITDA over the past three quarters,” said Carlos Fernandez, executive vice president and head of applications at NKT.
The rebranding is expected to support a unified go-to-market strategy across Portugal, Spain, France, Ireland and the UK, enhancing NKT’s ability to deliver medium- and high-voltage solutions for power grid upgrades and renewables projects.
NKT is investing €50m in expanding the site’s production capacity to meet Europe’s rising demand for grid infrastructure.
“Europe’s ageing power grid is in substantial need of an upgrade,” Fernandez said.
“Strengthening NKT’s footprint and offerings under one brand across Europe, while also investing to increase capacity and capabilities, will play a central role in supplying the necessary cables to modernise and connect Europe’s power grid.”
The factory, located 50km north of Porto, employs 430 people and manufactures cables up to 225kV.
Founded in 1970, the 70,000m² facility was previously known as SolidAl.