Is Draka owned by Prysmian?
Draka Brand Draka is a brand of the Prysmian Group, a world leader in the energy and telecom cables and systems industry.
What is Prysmian cable used for?
The Prysmian cables range offers standard as well as low voltage options that are used throughout various types of buildings for lighting, power and control.
Is Prysmian a good company to work for?
A great place to work with good opportunity for advancement if you want it. Friendly people and Management. Good basic with theopportunity to earn a lot more with overtime and bonuses.
Is Prysmian cable any good?
Not all cable is equal, not at the moment anyway, Prysmian is by far the best, however its not without its faults – namely it comes in a box that falls to bits as soon as you try and use it which then leaves just the spool and that doesn’t have any overhang at all so the cable all falls off until you manage to use some …
When did prysmian buy Draka?
February 2011
In February 2011, Prysmian successfully made a takeover bid of EUR 840 million for Dutch company Draka, with headquarters in Eindhoven, which at the time was fourth in the world in the cable and optical fibre sector. In December 2017, it bought the American (and rival) company General Cable based in Kentucky.
Where are Prysmian cables made?
the UK
Prysmian cable is proudly manufactured in the UK, to always meet and exceed standards. Our factories design and produce electric cable for all building types locally, guaranteeing all our Prysmian Professionals consistency of supply for now and the future.
Did prysmian buy General Cable?
Prysmian Group (BIT: PRY) and General Cable Corporation (NYSE: BGC) today announced that Prysmian has completed its acquisition of General Cable.
Where is Prysmian cable manufactured?
Prysmian S.p.A. is an Italian company with headquarters in Milan, specialising in the production of electrical cable for use in the energy and telecom sectors and for optical fibres.
Who owns Prysmian Group?
Rowe Price Group. Inc. 4.5% Crédit Agricole S.A. 3.2% Sun Life Financial, Inc.
What does Prysmian Group manufacture?
underground and submarine cables
Specifically, Prysmian produces and lays underground and submarine cables for the transmission and distribution of electricity, as well as specialised cables for use in various industrial contexts, and medium- and low-voltage cables for construction and infrastructure.
Who bought out General Cable?
Prysmian
Pursuant to the terms of the merger agreement entered into among the parties on December 3, 2017, Prysmian has acquired all the outstanding shares of General Cable common stock for $30.00 per share in cash.
Who owns General Cable?
Prysmian GroupGeneral Cable / Parent organization