Lynxeo: A New Chapter with Latour Capital
Deal News | Mar 18, 2025 | Paul Hastings
Paul Hastings LLP recently advised Latour Capital on the acquisition of Lynxeo, Nexans' industrial cable division, for an enterprise value of €525 million. Lynxeo specializes in specialty industrial cables and has a strong presence in a diversified range of infrastructure sectors such as transportation, energy, and automation. With over 100 years of industry experience, Lynxeo operates globally, manufacturing across Europe, Asia, and the U.S., employing 2,000 staff and generating annual sales exceeding €700 million. Latour Capital, a prominent French investment firm with €4 billion under management, is recognized for its entrepreneurial culture and operational expertise. The advisory team from Paul Hastings was led by Private Equity partner Arthur de Baudry d'Asson and included several associates and of counsel.
Sectors
- Private Equity
- Industrial Manufacturing
- Infrastructure
Geography
- France – Latour Capital is a French investment firm involved in this transaction.
- Global – Lynxeo has a global manufacturing presence in Europe, Asia, and the United States.
Industry
- Private Equity – The article involves a private equity firm, Latour Capital, making an acquisition.
- Industrial Manufacturing – The article centers around Lynxeo, a manufacturer of specialty industrial cables serving industries such as transportation, energy, and automation.
- Infrastructure – Lynxeo operates in infrastructure industries, providing products essential for transportation and energy sectors.
Financials
- €525 million – The enterprise value of the acquisition of Lynxeo by Latour Capital.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Latour Capital | Bidding Company | Company | An independent French investment firm managing €4 billion and focusing on operational expertise. |
| Lynxeo | Target Company | Company | Nexans' industrial cable division specializing in specialty industrial cables with a global presence. |
| Nexans | Selling Company | Company | Owner of the industrial cable division, Lynxeo, which was acquired by Latour Capital. |
| Paul Hastings LLP | Legal Advisor | Company | A law firm advising Latour Capital in the acquisition of Lynxeo. |
| Arthur de Baudry d'Asson | Private Equity Partner | Person | Led the Paul Hastings team advising on the acquisition. |