LS Cable to Build Submarine Cable Factory Worth Approximately USD 73 Million
LS Cable & System will build a submarine cable factory in Donghae city, Gangwon Province of South Korea, on a floor area of 19,451 m2.
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NKT Acquires SolidAl to Address Growing Grid Demand
NKT has acquired SolidAl from NJord Partners for EUR 192 million. It will invest in additional capacity at the existing site of the Portugal-based power
KEC International Wins New Orders Worth INR 1,061 Crore
KEC International has secured new orders in transmission & distribution, railway, and supply of conductors & cables. Jun 17, 2024 KEC International Limited, a global
Suprajit Acquires Stahlschmidt Cable Systems in Germany
The all-share acquisition deal is worth EUR 13.5 million. SCS will add EUR 50 million in revenues and form a key part of Suprajit Engineering’s
CTC Global Opens Fifth ACCC® Conductor Core Manufacturing Facility in Pune
This expansion is a testament to CTC Global’s ongoing commitment to support India’s ambitious goals to enhance its power grid’s capacity and efficiency. It will
Prysmian Completes Acquisition of Encore Wire Worth USD 4.2 Billion
Prysmian has acquired all of the outstanding shares of Encore Wire’s common stock for USD 290 per share, in cash, totaling to USD 4.2 billion.
Tratos Acquires UK-based Cablemaker AFL Telecommunications Europe Limited
The all-share acquisition includes all fibre optic cable product lines for the power utility, rail, and oil & gas markets, including the SkyWrap attached fibre
KEC International Bags New Orders Worth INR 1017 Crore
KEC secured orders for EPC projects and supply of towers in the Middle East. The RPG Group company also secured an order for balance of
Nexans to Double Medical Cable Production Capacity with EUR 4.5 Million Investment
The investment will enable Nexans to meet the growing demand for medical micro-cables used in invasive surgery. The Newsense micro-cables will be produced by machines
Bahrain Network to Replace All Old Copper Lines With Fiber
The company will migrate all existing copper customers to ultra high-speed fiber networks, increasing fiber penetration in Bahrain by around 15 percent. Jun 14, 2024