Latest Prysmian News & Updates

See the latest news and media coverage for Prysmian. We track all announcements, press releases, and industry mentions in real time, all in one place.

Prysmian

Global cable and electrical infrastructure solutions provider

prysmian.com

Headquarters: Milan, Italy
Founded year: 1872
Company type: Public company
Number of employees: 15,000+
Industry: Communications & Networking

Last updated October 29

Latest news about Prysmian

In short: Prysmian completed the $3.8 billion Atkore acquisition, expanded US manufacturing, and reported record results.

Company announcements

October 29 Prysmian

Prysmian raises 2026 guidance after best quarter

Record Q3 results beat targets early, boosting EBITDA to €851m and exceeding 2028 goals two years ahead of schedule.

October 19 Prysmian

Prysmian completes Atkore acquisition for $3.8 billion

The deal strengthens US leadership and electrical solutions portfolio, targeting $150M annual synergies by 2029 while delivering high EPS accretion.

October 7 Prysmian

Prysmian secures Atkore shareholder approval for $95 share acquisition

The merger agreement signed on August 2 is approved, with closing expected October 19, pending regulatory clearance.

September 10 Prysmian

Prysmian breaks ground on $1.02 billion expansion at its Claremont, NC campus

The investment doubles U.S. fiber production, creates 386 jobs, and boosts domestic digital infrastructure, with operations starting in 2030.

Media coverage

October 28 la Repubblica

Per Prysmian a record third quarter: ahead of schedule, the 2028 targets

New acquisitions and dual listing on Wall Street are not ruled out. The CEO Battaini: "Even stronger with Atkore, we have a complete portfolio...

October 19 Quotidiano Nazionale

Prysmian conquers America: acquisition of Atkore for $3.8 billion completed

The company is changing its skin: from world leader in cable production to provider of integrated solutions riding the boom of artificial intelligence and data centers...

October 14 MSN

Prysmian falls on the stock exchange: fears about AI curb the rally of record earnings

The share gives up to 5% at 109 euros, swept away by sales on titles exposed to data centers after the Big Tech USA quarterly results: we...

October 13 Il Mondo

Fincantieri, new blow in the deep-sea challenge: acquired Xtera along with Prysmian

The operation strengthens Fincantieri's positioning in the development of integrated solutions for the underwater domain...

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