Vision & Strategy

Strategy in Action

Progress has momentum at Nexans. We have already acquired two businesses and divested our telecoms part of the business.

The Centelsa acquisition is fully aligned with the Group’s strategic ambition to become a Pure Electrification Player and it enhances Nexans commitment to electrify the world. Centelsa is a world class South American operation further contributes to Nexans ability to serve renewable projects in the Andean Region and enhances the group capacity in our Building and Energy Distribution activity.

With a deep commitment to energy transition and carbon neutrality, Reka Cables is aligned with the Group’s strategic ambition to become a Pure Electrification Player committed to contribute to carbon neutrality by 2030. This premium Finnish operation will further contribute to Nexans’ ability to serve our Nordic customers with high quality and safe cables in the region.

We have been reducing the number of sub-sectors where we operate, divesting in areas irrelevant to electrification, and acquiring in areas where it needs help. Part of this is our telecoms business. We are pleased that our Telecom Systems colleagues will join a strategic new home with Syntagma Capital to further invest and grow the business. This powerful combination will deliver meaningful opportunities to employees and customers.