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Nexans Separates its Specialty Industrial Cable Operations as Lynxeo

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The separation will provide increased clarity in the market, strengthening Lynxeo’s role as a fully integrated player, serving a diversified range of critical infrastructure industries including railways, rolling stock, automation, shipbuilding, wind, aerospace and healthcare. Nov 10, 2024 Nexans announced the business separation of its specialty industrial cable operations Lynxeo......
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Nexans to Sell AmerCable to MATTR for USD 280 Million

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Nexans to sell AmerCable to MATTR for an enterprise value of USD 280 million. This agreement aligns with Nexans’ strategy to refocus on electrification and simplify the Group. Nov 15, 2024 Nexans has announced the execution of an agreement to sell AmerCable, a leading manufacturer of electrical power, control and......
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Nexans to Invest EUR 90 Million in France to Enhance Copper Production & Recycling Capacity

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With an investment of over EUR 90 million in the development of an innovative plant at its Lens site by 2026, Nexans will expand its wire rod production capacity by more than 50% and increase its copper scrap recycling capabilities to handle up to 80,000 metric tons annually. Oct 25,......
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Nexans Launches Cable Recycling and Recovery Service- CableLoop

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With these new recycling loops, Nexans aims to collect more than 800 metric tons of used cables by 2025. The company plans to expand this circular model by developing waste collection and recovery systems in collaboration with its industrial ecosystem, as well as with electrical equipment installation and distribution partners......
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Nexans Bags First Electrical Transmission Project Connecting Orkney Islands with Scotland

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The 220kV high voltage alternating current cable will be the largest capacity cable connecting the Orkney Islands to mainland Scotland. It will span 53 km offshore and 16 km onshore route in Finstown, Orkney and Dounreay in Caithness, the UK. Sep 24, 2024 Nexans has signed a contract for the......
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Nexans Invests EUR 15 Million to Step Up Production of Low-Carbon Medium-Voltage Cables

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The project involves installing two new latest-generation production lines and modernizing the entire manufacturing flow at Nexans Bourg-en-Bresse plant to meet electrification requirements of France and Western Europe. Sep 12, 2024 Nexans has announced its plans to invest EUR 15 million in its production plant in Bourg-en-Bresse, Auvergne-Rhône-Alpes (east-central France).......
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Nexans Invests EUR 90 Million in European Offshore Wind Projects

wirecable
Nexans will construct a new, 53 meter tower for the insulation of onshore cables at its plant in Charleroi, Belgium, and production of 525kV onshore cables necessary to support the TenneT frame agreement. Sep 17, 2024 Nexans, a global leader in the energy transition, announces plans to invest EUR 90......
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Nexans Finalizes Expansion of Subsea Cable Facility in Norway

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The 34,000 square meter expansion more than doubles the capacity of the plant for HVDC extruded cables featuring a 152.89-meter tall second extrusion tower. Jun 20, 2024 Nexans has officially opened its newly expanded section of its high voltage subsea cable plant in Halden, Norway to support the increased global......
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Nexans to Double Medical Cable Production Capacity with EUR 4.5 Million Investment

wirecable
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 entirely designed and manufactured by Nexans at its Draveil site outside Paris. Jun 26, 2024 Nexans has announced an investment of EUR 4.5 million in......
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Nexans Signs Ground-Breaking Service Level Contract with Equinor

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The four-year agreement covers approximately 3,000 km of cable. It includes turnkey repair services for various cable systems by Nexans, while Equinor will manage and operate the contract on behalf of the Pipeline Repair and Subsea Intervention (PRSI) Pool members.  May 6, 2024 Nexans, leader in the design and manufacturing......
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