News

Prysmian Marks Annual Sustainability and Innovation Days Event

wirecableJuly 16, 2024July 16, 2024

July 16, 2024July 16, 2024

Prysmian celebrated its annual Sustainability and Innovation Days event on June 27, engaging key stakeholders to assess and accelerate the key environmental, social & governance themes which impact both business and society. Jul 11, 2024 Global cable manufacturer and solutions provider for energy, telecom, cables and wires industries, Prysmian, celebrated......

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Prysmian Completes Acquisition of Encore Wire Worth USD 4.2 Billion

wirecableJuly 16, 2024July 16, 2024

July 16, 2024July 16, 2024

Prysmian has acquired all of the outstanding shares of Encore Wire’s common stock for USD 290 per share, in cash, totaling to USD 4.2 billion. Jul 11, 2024 Electrical cablemaker Prysmian has completed the acquisition of Encore Wire Corporation. In accordance with the terms of the merger agreement entered by......

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Prysmian Eyes North American Market with Acquisition of Encore Wire

wirecableApril 19, 2024April 19, 2024

April 19, 2024April 19, 2024

With the acquisition of Encore Wire for USD 290 per share in cash, Prysmian aims to enhance its presence in North America and broaden its product offering. Apr 18, 2024 Leading global solution provider for cables, energy, telecom cables and systems industry, Prysmian has announced acquisition of Encore Wire, leading......

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PWM to Supply EP500 Cold Welders to Encore Wire, Interests in Greener Welding Options at wire 2022

desk3July 15, 2022September 2, 2022

July 15, 2022September 2, 2022

PWM Ltd will supply Encore Wire with three EP500 cold pressure welding machines, which are semi-automatic, energy-efficient, and low maintenance. In 2021, Encore Wire ordered nine EP500 cold welders and has now ordered the additional machines as part of its investments in technology. July 15, 2022 PWM Ltd, a British......