Nexans signs agreement with the Shandong Yanggu Cables Group in China to acquire stake in its power cable business
21 June, 2011 Nexans announced the signing of an agreement with the Shandong Yanggu Cable Group to create a joint venture based on Shandong Yanggu’s power cable business in China. Nexans will hold 75% and Shandong Yanggu will hold 25% of the JV. Founded in 1985 and located in Shandong......