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Prysmian integrates General Cable to create USD 11 bln a year group

Monday 11 June 2018 | 09:21 CET | News
Milan-listed cable maker Prysmian has begun integrating General Cable into its group after announcing the acquisition of the US company in December for USD 3 billion. The resulting group will have its global headquarters in Milan and boast 30,000 employees at 112 plants and 25 R&D centres in over 50 countries. Combined pro forma sales in 2017 were over USD 11 billion, said Prysmian, adding that the integration with General Cable would allow the group to further expand the range of technologies and products it offered.

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Categories: Fixed
Companies: General Cable / Prysmian
Countries: Italy / World
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