Published: January 6, 2025 |

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Mattr Corp. has closed its acquisition of AmerCable, which now forms part of Mattr’s Connection Technologies reporting segment.

Under the terms of the transaction, Mattr has acquired all of the outstanding shares of AmerCable from Nexans USA for a purchase price of $280 million.

“The addition of AmerCable to our portfolio positions Mattr as a premier provider of highly engineered wire and cable technologies across the North American marketplace,” said Mike Reeves, Mattr’s president and CEO.

“AmerCable’s broad portfolio of low and medium-voltage electrical power, control and instrumentation cable solutions expands and complements Mattr’s existing range of Shawflex branded products. We are excited to welcome the talented employees of AmerCable to the Mattr team,” added Reeves.

Mattr entered into the agreement to acquire AmerCable in November, 2024.

Mattr is a growth-oriented, global materials technology company broadly serving critical infrastructure markets, including transportation, communication, water management, energy, and electrification. Its two business segments, composite technologies and connection technologies, enable responsible renewal and enhancement of critical infrastructure while lowering risk.

AmerCable is a manufacturer of highly engineered, low and medium voltage electrical power, control and instrumentation cables designed to reliably enable electrification in harsh environments. AmerCable serves a broad customer base within the critical infrastructure sector, including the mineral extraction, renewable power generation, general industrial, and energy end markets.

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