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Nexans has completed the sale of its industrial cable division, Lynxeo, to French private equity firm Latour Capital. The sale forms part of Nexans’ strategy to concentrate on its core electrification business.
Lynxeo supplies cables for infrastructure, equipment, and applications in sectors such as automation, transport, energy, and medical. The transaction is valued at €525 million.
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| #29 Siemens 2.3 wind turbines installed at Hatchet Ridge Wind in Burney, CA, USA (courtesy San Castro) |
| Every week on our website and in our email newsletter we want to show you that wind energy is more than just technology. We therefore invite you to send stunning pictures of wind turbines inspired by “light” (in the broadest sense of the word). After 52 submissions we will announce the winner of the year’s best picture! Email your photo to Include turbine model, location and name of photographer. (size of the published photo will be 336 px width x 280 px high). |
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