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Prysmian closes acquisition of Channell, positioning itself as leading provider of FTTH solutions - NKyTribune

Summary by nkytribune.com
Prysmian, a world leader in the energy transition and digital transformation, has completed the acquisition of Channell Commercial Corporation, a leading U.S.-based manufacturer of thermoplastic enclosures and fiber management solutions, for a base purchase price of $950 million, subject to customary adjustments as set forth in the merger agreement. Under the terms of the merger agreement, Prysmian may also be required to make an additional pote…
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nkytribune.com broke the news in on Monday, June 16, 2025.
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