Nexans : Sale of Berk-Tek, North American cable manufacturer
>Optimisation strategy pursued - Nexans announces execution of an agreement to sell Berk-Tek to Leviton for $Â 202m. Berk-Tek, is a leading US based manufacturer of copper and fibre optic cables in local area network (LAN) cables The company has a headcount of 350 and is located in Pennsylvania and in North Carolina. This transaction is in line with the move to strengthen the commercial alliance signed between the two companies in 2013.The deal is consistent with ...Nexans offers cables and cabling systems for the Infrastructure, Industry, Building and Local Area Network markets. Co.'s offering covers the research, design, manufacturing, installation, training, and network supervision and control. Co. operates under three segments: Energy (power cables for energy infrastructures, special cables for industry, and equipment cables for the building market), Telecom (cables for private telecommunications networks, junction components for telecommunications network cables, and copper and optical fiber cables for public telecommunications networks) and Electrical wires (wirerods, electrical wires and winding wires production operations).
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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