Nexans has finalized the acquisition of Electro Cables Inc., a Canadian company specializing in low-voltage cable systems. This highly strategic acquisition will enable Nexans, a leading French player in electrification, to expand and strengthen its portfolio in the North American market. Experts from Auris Finance, a mergers and acquisitions advisory firm, analyze this latest market development.
Acquisition finalized on December 26, 2025
Nexans announced the completion of its acquisition of Electro Cables Inc., a well-established Canadian company focused on low-voltage cable systems for infrastructure, transportation, and construction applications. Employing 200 expert staff, the company reported revenues of €125 million over the past twelve months, for the fiscal year ending July 2025.
A family-owned business
Founded in 1985 and headquartered in Trenton, Ontario, Electro Cables Inc. is a family-owned business specializing in the design and manufacture of low-voltage cables, with strong expertise in high-value solutions for specialized applications. The company operates two industrial sites and boasts significant production capacity. Electro Cables Inc. serves rapidly growing sectors, particularly in infrastructure and industrial applications.
A centuries-old group
The Canadian firm joins Nexans, a global leader in electrification. Originally established in 1879 as Les Câbles Lyonnais, the French industrial company later became Alcatel Câble before adopting the name Nexans in 2000 – just one year before its initial public offering.
Nexans: a pure player in electrification
Nexans’ activities now focus entirely on electrification, from energy production to distribution and usage. Its cable solutions cover the entire value chain, from high-voltage networks to low-voltage solutions for buildings, infrastructure, and industry. Present in around 40 countries, Nexans employs 28,500 people worldwide. In 2024, the group reported revenues of €7.1 billion.
Strategic refocus
In recent years, Nexans has pursued a transformation strategy, divesting non-core activities and concentrating investments in high-growth segments such as submarine interconnections, land networks, data center solutions, and PWR-Connect low-voltage cables.
Expanding in North America
The acquisition of Electro Cables Inc. aligns with this strategic repositioning, strengthening Nexans’ presence in Canada. With this move, Nexans solidifies its position as the country’s leading cable manufacturer and advances its ambition to become a global reference in sustainable electrification. The North American electrification market is experiencing strong growth, driven by accelerated infrastructure investments and rising demand for cables in data centers and digital infrastructure – fueled in part by the expansion of generative AI.
Operational performance
This acquisition provides Nexans with direct access to the North American market. By deepening its Canadian footprint, Nexans reduces logistical friction, improves delivery times, and secures its ability to serve markets with rapid investment cycles (infrastructure, data centers, energy). Key synergies from this merger include:
- cost reduction through economies of scale;
- increased market share and competitiveness;
- enhanced global supply chains.
Expert support for your strategy
Nexans’ acquisition of Electro Cables Inc. demonstrates the ability of European industrial players to proactively target companies with strong local roots. Auris Finance’s sector-specialized experts support clients in defining and executing divestment or acquisition strategies.
