Nexans Enters Exclusive Talks to Sell Autoelectric to Motherson for €207 Million

Reuters12-22 17:02

Nexans Enters Exclusive Talks to Sell Autoelectric to Motherson for €207 Million

Nexans has entered into exclusive negotiations with Samvardhana Motherson International Limited (Motherson) for the sale of its wiring harness business, Autoelectric, for an enterprise value of €207 million. Headquartered in Floss, Germany, Autoelectric designs and manufactures wiring harness and vehicle wiring system solutions for the automotive industry, generating approximately €749 million in annual sales in 2024 with nearly 14,000 employees. This divestment represents the final step in Nexans' transformation into a pure electrification player, following previous sales of its non-electrification activities. Completion of the transaction is expected by mid-2026, subject to customary closing conditions.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Nexans SA published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW1001156191-en) on December 22, 2025, and is solely responsible for the information contained therein.

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