Nexans based in Paris is one of the biggest cable manufacturer in the world.
Nexans has manufacturing facilities in 40 countries and business activities all over the world. The company employs 25,000 people and had 2011 revenues of almost 7 billion euros.
Nexans is listed on NYSE Euronext Paris Euro ( Compartment A).
The company was founded in 1897 in Lyon as Société Française des FX's Électriques, système Berthoud, Borel et Compagnie. 1912, the company was taken over by the Compagnie Générale d' Electricité and renamed in 1917 in Compagnie Générale des Câbles de Lyon. The latter was incorporated in 1925 in the group as a separate division daughter.
1938 took over the Compagnie Generale d' Electricite Societe Industrielle des Téléphones. Here, the cable activities were integrated into the FX's de Lyon.
From the late 1960s the company pursued a strategy of expansion -actuated and subsequently at home and abroad a number of acquisitions. The resulting therefrom, privatized in 1987, the Group was renamed in 2000 in Nexans. In 2001, the company went through an IPO on the stock exchange.
On April 2, 2014, the European Commission has assigned 11 manufacturers with fines totaling nearly 302 million euros in an action for a cartel for high -voltage power cable ( underground cables and submarine cables ). Nexans has been awarded a fine of 70.67 million euros.
The previously independent companies cable Reydt ( in Rheydt, Mönchengladbach ) and Cable Metal Electro Hannover joined together in 1992 and operate since 2000 under the name of Nexans. At the historic site in Reydt back in 1884 cables are manufactured from 1898 under the name Kabelwerk Reydt corporation. The successor company Nexans Germany employed a 2011 8.566 employees in Germany and abroad. In addition to works in Mönchengladbach and Hannover there are works in Bramsche, Hürth and nine vorm Wald and various subsidiaries.