Earlier this year, Mexico’s Xignux SA completed the sale of Centelsa, a cable producer in Latin America, to Nexans SA.
A press release said that Centelsa, which manufactures cables for energy and communications, has been part of the industry since 1955. The company was three plants in Cali, Colombia, and a distribution center in Ecuador. Those operations will bolster the presence of Nexans in Latin America, where the company has four industrial plants in Colombia, Peru, Chile and Brazil.
Commented Sergio Valdés, general director of Viakable, a Xignux company, “In our history together with the Centelsa team we have achieved great achievements. ... I am convinced that, together with Nexans, the Centelsa team will continue to be a key player in the industry, offering growth to its collaborators and clients.”