Prysmian has agreed to acquire ACSM, a Spanish specialist in subsea surveying, seabed preparation, and cable installation solutions. This Prysmian ACSM acquisition strengthens the company’s position in offshore energy and submarine cable systems.
Expanding Offshore Expertise and Operations
ACSM, based in Vigo, Spain, brings more than 20 years of subsea experience. The company operates in around 60 countries and employs approximately 350 specialists. In 2024, ACSM reported €62 million in revenue and completed numerous subsea projects worldwide.
The total transaction value is €169 million, including about €24 million in capital investment for a new vessel scheduled for delivery in late 2025.
Strengthening Integrated Subsea Cable Solutions
The Prysmian ACSM acquisition will enhance Prysmian’s ability to deliver fully integrated offshore solutions. By bringing subsea installation capabilities in-house, the company will improve efficiency and expand its role as a one-stop provider.
In addition, ACSM contributes three specialized vessels and advanced equipment. Therefore, Prysmian can optimize installation speed, cost efficiency, and cable protection performance.
Supporting Growth in Offshore Energy Markets
The acquisition aligns with growing demand for offshore wind projects and interconnector systems. Developers increasingly prefer integrated “cable plus installation” solutions, which require strong control over vessels and subsea expertise.
As a result, Prysmian can reduce execution risk and protect margins on complex projects. Overall, the Prysmian ACSM acquisition positions the company as a leader in end-to-end submarine cable solutions for expanding global energy infrastructure.
