Company

The final step in Nexans transformation into a pure electrification player

Jan 14, 2026

Nexans announced in December that they have entered into exclusive negotiations with Samvardhana Motherson International Limited (“Motherson”), a leading global supplier of automotive systems and components, for the sale of Nexans’ wiring harness business Autoelectric for an Entreprise Value of € 207 million.

Autoelectric, headquartered in Floss, Germany, designs and manufactures wiring harness and vehicle wiring system solutions for the automotive industry. The business generated €749 million current annual sales in 2024 with nearly 14,000 employees. This divestment marks the completion of Nexans’ strategic transformation into a pure electrification player.

“ Since 2023, Nexans has successfully divested its non-electrification activities, including Aginode, AmerCable and Lynxeo to focus fully on its ‘Sparking Electrification’ strategy. As the last remaining non-electrification business in our portfolio, the time has come for Autoelectric to continue its development under a new owner that is deeply anchored in the automotive industry. Motherson represents a natural strategic fit and provides the right environment for the business to continue growing. With this transaction, Nexans fully deploys its model of value creation of pure player in electrification, serving clients at the heart of the global energy transition and enabling the development of low-carbon, sustainable power systems that meet the world’s accelerating demand for electrification. ”

Julien Hueber

CEO Nexans

“ This acquisition is a significant milestone for Motherson. It will enable us to support our key customers with wiring harness solutions and expand our global footprint to additional locations. We believe that our executional capabilities combined with AutoElectric’s strong engineering capabilities and customer relationships, will drive innovation and sustainable growth. We look forward to welcoming all new members of AutoElectric into the Motherson family. ”

Mr Vivek Chaand Sehgal

Chairman, Motherson Group

Read the full press release below

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