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Prysmian has won an auction to acquire the assets of Shen Huan Cable for € 42 M

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The Group shifts to an independent High Voltage offer in China, significantly improving competitiveness, flexibility and operational efficiency“Prysmian Technology Jiangsu will offer the Group’s full range of HV technologies and become the HV Centre of Excellence in APAC,” declares Luigi Migliorini, CEO Prysmian Group ChinaMilan, 02 December 2016 – Prysmian Group, world leader in the energy and telecom cable systems industry, announces it has won a bankruptcy auction for certain assets of a HV cables... Source: RealWire

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