As we embark on this exciting new chapter in the Prysmian story, the acquisition of Encore Wire promises a wealth of opportunities for our employees, investors, and partners. The purchase was successfully concluded on July 2, 2024, marking a significant milestone in our journey.
The addition of Encore Wire will enlarge Prysmian’s product portfolio and dramatically improve our service offerings to customers. Encore is best in class in its competitive arena with expertise and focus on building wire and electrical distribution.
As the global leader in wire and cable, Prysmian’s acquisition of Encore Wire is a testament to our commitment to growth and innovation. This strategic move will not only significantly expand our value proposition in North America but also reinforce our position as a leader in the industry.