Paris-based cable manufacturer Nexans announced April 27 that it has agreed to acquire Cincinnati, OH-based Republic Wire for an enterprise value of approximately €680 million (about $790–$800 million USD), with an additional earn-out of up to €43 million tied to performance.

Founded in 1982, Republic Wire is a manufacturer of low-voltage copper and aluminum wire products serving electrical wholesale distributors, utilities and municipalities across the U.S. and Canada. The company generated roughly $600 million in revenue over the 12 months through February and operates a single-site manufacturing and distribution campus in Ohio with more than 200 employees.

Nexans said the transaction will significantly expand its presence in the U.S. low-voltage cable market — a segment it described as both attractive and strategic — while adding a nationwide sales network and established customer relationships.

The company positioned the acquisition as a key step in building a broader North American platform. Specifically, Nexans said Republic Wire will:

• Establish an expanded manufacturing and distribution base in the U.S.
• Provide access to residential and commercial channels through Republic’s distributor network
• Enable cross-selling of Nexans’ broader product portfolio, including medium-voltage and grid solutions
• Create a platform for future organic and inorganic growth in the U.S. market

Nexans also expects to generate approximately $27 million in annual run-rate synergies within three years, driven by commercial cross-selling, manufacturing efficiencies and procurement scale.

The deal aligns with Nexans’ broader strategy to expand its electrification-focused business and deepen its footprint in high-growth regions. Company leadership highlighted the U.S. as the single largest growth opportunity in low- and medium-voltage cables, supported by demand from residential, commercial and data center construction.

Republic Wire’s current management team is expected to remain in place following the transaction, which is anticipated to close in early 3Q26.