Nexans, a Paris-based global electrification company, has signed an agreement to acquire 100% of Republic Wire, a family-owned American manufacturer of low-voltage copper and aluminum wire products headquartered in Cincinnati, Ohio. The deal, valued at approximately 680 million euros with a potential earn-out of up to 43 million euros, establishes Nexans’ first significant manufacturing and distribution platform in the United States and complements its recent acquisition of Electro Cables in Canada.
Founded in 1982, Republic Wire serves electrical wholesale distributors, utilities, and municipalities across the United States and Canada. The company operates a 32,500-square-meter manufacturing facility and a newly completed 30,000-square-meter warehouse and distribution center, employing more than 200 people. A recently completed expansion program is expected to be fully online by the end of 2026, increasing production capacity by approximately 30%. Republic Wire generated approximately 520 million euros in revenue over the twelve months through February 2026.
The U.S. low-voltage cable segment is estimated at approximately 12 billion euros and is driven by sustained demand across residential, commercial, and data center construction. Nexans projects approximately 23 million euros in run-rate synergies over three years, driven by commercial cross-selling, manufacturing technology deployment, and purchasing scale.
The transaction is expected to be immediately earnings-per-share accretive before synergies and is anticipated to close in the early third quarter of 2026, subject to regulatory approval. Republic Wire’s current management team, led by Ron and Jeremy Rosenbeck, will remain in place.
KEY QUOTES:
“The acquisition of Republic Wire marks a transformative moment in Nexans’ journey to become a reference pure player in electrification. The United States represents the single largest growth opportunity in low- and medium-voltage cable. Republic Wire gives us the expanded platform, the customer relationships and the operational credibility we need to compete in this highly dynamic market.”
Julien Hueber, Chief Executive Officer, Nexans
“Republic Wire has always been more than a business to our family — it is a legacy built on hard work, loyalty, and a deep responsibility to our customers and the people who chose to build their careers here. In Nexans, I found a partner who shares those values, not just a buyer.”
Ron Rosenbeck, CEO, Republic Wire
“The acquisition of Republic Wire represents an important strategic milestone, meaningfully strengthening our position in the North American market. As a highly respected brand with a proven track record of exceptional quality and customer centricity, Republic Wire brings deep market relationships and an extensive commercial network.”
Tim King, Managing Director North America, Nexans
