Prysmian Group Acquires Fiber Optic Sensing Solutions Leader Swiss Omnisens S.A.

Prysmian Group world leader in the energy and telecom cable systems industry announces that it has completed the acquisition of Omnisens S.A., a leader in high performance fiber-optic based monitoring solutions for a safer and more efficient use of critical infrastructures.

The acquisition, a transaction valued CHF 18.8 million, is in line with Prysmian Group’s strategy to grow and reinforce its value-added businesses, continuously increasing its drive towards a digital, remote and electrified global industrial transformation.

Prysmian Group, through Prysmian Electronics, the unit entirely dedicated to asset monitoring solutions, offers its PRY-CAM portfolio of patented technologies, products and services for condition-based monitoring of electrical assets to major TSOs and DSOs. PRY-CAM monitoring solutions are successfully in use in major power grids worldwide, including Italy, UK, Middle East, China, USA and Singapore.

Omnisens’ advanced DTS/DAS technology is a complementary add-on to the Group’s monitoring solutions range, enhancing opportunities to target a business with a long-term growth trend and unlocking significant commercial synergies.

Established in 1999 and based in Morges, Switzerland, Omnisens S.A. is a leader in long-distance fiber optic sensing solutions for effective real-time asset integrity monitoring. It operates worldwide, either directly or through specialized solution providers, via dedicated application, commissioning and customer service teams.