February 7, 2023

On February 6, Willkie client Syntagma Capital announced that it entered into exclusive negotiations with Nexans SA to acquire its Telecom Systems business. 

The business designs, manufactures and distributes smart connectivity solutions based on optical fiber and copper technologies to data centers, smart buildings and telecom operators. The business is headquartered in Paris and employs approximately 680 people across its 8 sites located in France, Belgium, Germany, Greece, Morocco and China. It generates approximately €200 million in revenues across 100+ countries.

Nexans is a leader in the design and manufacture of cable systems and services in five main areas of activity: Energy Production & Transmission, Distribution, Uses, Industry & Solutions and Telecom & Data.

Syntagma Capital is a private equity firm based in Brussels and focused on investments in the material, chemical, industrial and business services markets.

The Willkie team is led by partner Hugo Nocerino and includes partners Paul Lombard and Faustine Viala and associates Ji-Soo Kim, Laurence Raud and Charles Bodreau.