Nexans

History

The living history of Nexans

Nexans is proud of its long lasting history of over 120 years. 120 years of innovation, flagship projects and international growth.

120 years of destiny that we owe to two remarkable personalities: François Borel, genius inventor, and Edouard Berthoud, brilliant industrialist.

With over a century of experience, Nexans has never stopped building the future of electricity and will continue for the years to come.

More than 120 years, 3 industrial revolutions... and starting a new chapter

In 2019, Nexans completed the first chapter of an epic industrial story that started in the 19th century. After more than 120 years of conquests, major achievements and pioneering inventions, the Group is now starting the second chapter in its history. 

Electrification is in our DNA. It is at the heart of our existence. It’s the reason why we give the best of ourselves to build a better future for the world.

A pure player in electrification

Our strategy: from a generalist cable manufacturer to pure electrification player

In a rapidly changing world that is increasingly dependent on connectivity, Nexans is well positioned to act on the megatrends which will have an impact on our activities and our customers by 2030. 

Our strategy: from a generalist cable manufacturer to pure electrification player

For the last 120 years, Nexans has played a major role in the world’s electrification. This market represents 65% of the world cable market and is expected to grow by +4.3% per annum over the next 10 years driven by key growth trends: growing energy consumption, demand for sustainable energies, grid modernization and protection. The world is becoming more electric and carbon neutral. Likewise, customer needs are changing from cables to systems and interconnected solutions.

Convinced that remaining a generalist will be more a weakness than a strength, Nexans intends to become a pure electrification player.

Simplify to Amplify

The Group will simplify its business model by moving from 8 macro sectors, representing 34 subsectors, to 4 sectors, representing 12 subsectors. Nexans will become a unique fully integrated player covering the entire electrification value chain: from the very start of production of energy, to transmission and distribution of energy, all the way to usage of energy.

Our purpose: “Electrify the future”

Nexans will position all its operations across the electrification value chain. From Generation and Transmission to Distribution and Usages

• Generation and Transmission: the Group will enhance its positioning in the Offshore Windfarms and Interconnection markets notably through additional 200 million euros investments, while maintaining a value proposition based on three pillars: i) Risk & project portfolio management, ii) Asset management, and iii) Cutting-edge technology. 

• In Distribution, Nexans will reinforce its turnkey solutions combining cables and accessories with installation, architecture design, smart systems and asset management. 

• In Usages, the Group will focus its offer on end-user electrical safety, support to client competitiveness through seamless supply chain for easy to handle and install products, and smart products integrated in a digital ecosystem.