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Home » News » NKT Expands with €192m Acquisition of SolidAl
News

NKT Expands with €192m Acquisition of SolidAl

By Benjamin DavisJune 22, 20242 Mins Read
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Credit: NKT
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Danish cable manufacturer NKT has finalized the acquisition of SolidAl, a prominent Portuguese wire company, from Njord Partners for €192 million. This strategic move aims to bolster NKT’s capacity in medium- and high-voltage power cables, catering to the increasing demand driven by grid upgrades and renewable energy projects across Europe. See also: NKT Introduces Second Cable

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