(CercleFinance.com) – Nexans announces that it has received clearance from the Superintendencia de Industria y Comercio (SIC) of Colombia, which will allow the French cable manufacturer to proceed with the proposed acquisition of Centelsa from Xignux.
‘This transaction demonstrates the group’s ability to become a ‘Pure Player’ in electrification’, comments CEO Christopher Guérin for whom this integration within Nexans ‘will benefit all stakeholders’.
Colombian manufacturer of energy and communications cables, Centelsa has a network of offices ‘strategically located to cover national and international markets, offering exceptional levels of service’.
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