The Deal
Sunday, November 22, 
10:55 am

General Cable hooks up in India

Posted on April 18, 2007 at 1:35 PM
Filed under: Acquisitions | Corporate Strategy | Joint Ventures and Alliances | Trends
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NYSE-listed General Cable Corp. said it will form two joint venture companies in India with the Plaza Cable Group of Cos. The ventures, headquartered in New Delhi, will incorporate all of Plaza's existing wire and cable assets. Plaza manufactures low and medium voltage energy and construction cables for the Indian market. Over the next two years the company plans to invest up to $40 million to expand production of these utility products.

India has massive potential for companies in various sectors, such as the Internet and cell phone industry. That's why General Cable president and CEO Gregory Kenny says he "will continue to actively seek additional acquisition opportunities to grow our position in this strategically important market." They're also looking to tap other foreign markets, having recently completed a deal to acquire Jiangyin Huaming Specialty Cable Co. Ltd., a Chinese manufacturer of specialty automotive and industrial cable products. — Baz Hiralal



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Comments
Comments
From: ahmed,

Dear Sir
We are an Egyptian contractor’s work in Sudan and we need price for the below

1- M V Cable 4*185
Qty= 72000m
2- M V Cable 3*95m
Qty=12000m

3-Xlpe,3-core cable , 11KV,size 185mm2
4- Xlpe,4-core cable ,415V, size 185 mm2
5- Set indoor termination Xlpe,3*185mm2,11KV with lugs.
6- Set outdoor termination Xlpe,3*185mm2,11KV,with lugs
7- Set Low voltage termination Xlpe ,4*185mm2,415V,with lugs
8- cable support and bracket .

Think you
Ahmed –a- twa


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