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Stellantis: Revision Of Electrification Strategy Will Be Long, Painful And Risky
Seeking Alpha· 2025-09-18 17:01
Group 1 - The late CEO Sergio Marchionne's legacy is being questioned in light of Stellantis N.V.'s current market prospects [1] - The article reflects on the author's extensive experience in the automotive industry, indicating a deep understanding of the sector [1] Group 2 - No relevant content available for this section [2][3]
Nexans completes the sale of Lynxeo to Latour Capital
Globenewswire· 2025-06-30 15:45
Core Insights - Nexans has completed the sale of its industrial cable division, Lynxeo, to Latour Capital for an Enterprise Value of €525 million, marking a significant step in its strategy to focus on electrification [1][2]. Company Overview - Nexans has been a key player in global electrification for over a century, employing approximately 28,500 people across 41 countries. In 2024, the company reported standard sales of €7.1 billion and is recognized for its commitment to sustainable energy solutions [5]. Transaction Details - The sale of Lynxeo is intended to streamline Nexans' operations and enhance resource allocation, aligning with its long-term vision for sustainable growth in the electrification sector [2][1]. Latour Capital Profile - Latour Capital is an independent French asset management firm with €4 billion under management, focusing on companies with strong growth potential. The firm emphasizes operational experience and has a team composed of 50% former managers [3][4].