Nexans has signed an agreement to acquire 100% of Republic Wire to expand its presence in the United States low-voltage market.
The company said Republic Wire generated about €520 million in revenue over the 12 months to February 2026 and operates a manufacturing facility and distribution centre in Ohio.
It added the transaction values Republic Wire at about €680 million with a potential earn-out of up to €43 million and is expected to close early in the third quarter of 2026 subject to approvals.
Republic Wire manufactures low-voltage copper and aluminium wire products for distributors, utilities and municipalities across the United States and Canada.
The acquisition is intended to establish an expanded manufacturing and distribution platform in the United States and support growth across residential, commercial and data centre segments.
Nexans said the deal is expected to generate run-rate synergies of about €23 million within three years through commercial, technology and industrial efficiencies.
“The acquisition of Republic Wire marks a transformative moment in Nexans’ journey to become a reference pure player in electrification,” said Julien Hueber, chief executive officer of Nexans.
“Combined with our recent complementary acquisition of Electro Cables in Canada, we are building an integrated North American business, expanding our industrial footprint in the Americas and reinforcing our positioning in high-growth segments such as data centers, that will serve as a growth engine for the Group for years to come.”
“The acquisition of Republic Wire represents an important strategic milestone, meaningfully strengthening our position in the North American market,” said Tim King, managing director North America of Nexans.
“As a highly respected brand with a proven track record of exceptional quality and customer centricity, Republic Wire brings deep market relationships and an extensive commercial network and strong industrial footprint that significantly enhances our ability to serve customers and partners.”