Nexans – Nexans completes sale of its Telecom Systems business, Aginode, to Syntagma Capital
Paris, October 31st, 2023 – Nexans announces today the completion of the sale of its Telecom Systems business, rebranded to Aginode, to Syntagma Capital, a Belgium-based private equity fund.
This transaction marks a final step in Nexans’ exit from the telecom and data activity in line with its strategy to simplify its activities to amplify its impact in Electrification markets.
SourceNexans
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More information on Nexans: See the full profile on EMR Executive Services
More information on Christopher Guérin (Chief Executive Officer, Nexans + President, Europacable): See the full profile on EMR Executive Services
More information on Jean-Christophe Juillard (Deputy CEO & Chief Financial Officer, Nexans): See the full profile on EMR Executive Services
More information on Syntagma Capital: https://syntagmacapital.com/ + Established in 2009 and based in Brussels, Syntagma invests in companies that can benefit from our hands-on operational expertise to accelerate growth and improve performance for the benefits of their employees, customers, suppliers and shareholders.
Syntagma’s Partners have deployed €1.1 billion in over 40 companies with revenues in excess of €4 billion and employing over 11,000 people worldwide. Our team has successfully carved-out businesses from public and private companies, among others, Solvay, Tessenderlo, Ashland, Clariant, Tyco International, Smurfit Kappa, ADT and Getronics.
We have a strong commitment to high ESG standards across all our investments.
More information on Sebastien Kiekert Le Moult (Managing partner & Founder, Syntagma Capital): https://syntagmacapital.com/team/sebastien-kiekert-le-moult-mr-le-moult-or-slm/ + https://www.linkedin.com/in/sebastien-kiekert-le-moult-53961/
More information on Aginode by Syntagma Capital: https://www.aginode.net/en/ + Aginode, formerly Nexans Telecom & Data, designs, manufactures & sells connectivity solutions for digital networks in FTTx, Mobile, LAN & Data Centre markets. Our goal: to enable the infrastructure which delivers applications that make lives more connected, productive, and enjoyable; today and in future.
Our international teams have over 30 years proven track record of developing, implementing, and servicing advanced infrastructure solutions, with Aginode’s diverse product range under our brand names:
- LAN & Data Centres: LANmark™ , LANsense™, LANactive
- FTTx & Mobile: XPLORER™, BRIGHTBOX™, INFRABIRD™, UPSKY™
With a state–of-the-art industrial footprint and recognised technological know-how in Europe, Middle East, North-West Africa, and Asia, together with international sales teams and numerous local partners, Aginode is a key player in digitalisation and connectivity.