Linklaters acted for Nexans in its exclusive negotiations with Syntagma Capital for telecom systems purchase

Linklaters acted for Nexans in its exclusive negotiations with Syntagma Capital for telecom systems purchase

Linklaters has advised Nexans, a leader in the design and manufacture of cable systems and services, on negotiations with Syntagma Capital regarding the acquisition of its Telecom Systems division.

Nexans is in exclusive talks with Belgium-based private equity firm Syntagma Capital for the purchase of its Telecom Systems division.

This proposed deal represents Nexans' exit from the telecom and data market as part of its strategy to streamline operations and focus on its core Electrification market.

The Business operates primarily in the design, production, and commercialisation of advanced solutions for telecom, LAN networks as well as datacentres which employ around 680 people and has a turnover of around 200 million euros in aggregate.

The Linklaters team in Paris was led by Corporate M&A partner Pierre Tourres, managing associate Louis Prades and associate Diana Dancea as well as Antitrust and Foreign Investments partner Pierre Zelenko and counsel Nicolas Zacharie.

The Düsseldorf, Brussels, Amsterdam, Dubaï, and Shanghai offices were also involved.