Mattr to Acquire AmerCable from Nexans for $280 Million

November 8, 2024

Nexans has executed an agreement to sell AmerCable, a U.S. manufacturer of electrical power, control and instrumentation cables for harsh environments, to Mattr for an enterprise value of $280 million. The transaction is subject to customary regulatory approvals and is expected to close around year end.

Buyers
Mattr
Targets
AmerCable
Sellers
Nexans
Location
Arkansas, United States
Transaction Type
Divestiture

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