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
- Industry
- Industrial Services
- Location
- Arkansas, United States
- Transaction Type
- Divestiture
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