Strengthening market leadership in connectivity
11th April 2024 – Prysmian, leader in the energy transition and digital transformation, and Warren & Brown Technologies, the Australian leader in telecommunication network connectivity products, announce that they have signed an agreement to combine their resources and capabilities.
Subject to regulatory approvals and customary conditions, Warren & Brown Technologies and its subsidiaries will become part of Prysmian, with the transaction representing a strategic milestone for both companies.
We are focused on a seamless transition and are fully committed to further enhancing our customer and supplier relationships, accelerating innovation in both products and services based on a unique combination of complementary strengths in cables and connectivity.
Warren & Brown Tools is also expected to continue on its growth path and make an increasingly important contribution to the overall business portfolio.
We look forward to engaging with all our key stakeholders in the telecommunication and automotive markets to ensure continuity and lay the foundations for growth.
Prysmian
Prysmian is a global cabling solutions provider leading the energy transition and digital transformation. By leveraging its wide geographical footprint and extensive product range, its track record of technological leadership and innovation, and a strong customer base, the company is well-placed to capitalise on its leading positions and win in new, growing markets. Prysmian’s business strategy perfectly matches key market drivers by developing resilient, high-performing, sustainable and innovative cable solutions in the segments of Transmission, Power Grid, Electrification and Digital Solutions. Prysmian is a public company listed on the Italian Stock Exchange, with almost 150 years of experience, about 30,000 employees, 108 plants and 26 R&D centres in over 50 countries, and sales of over €15 billion in 2023.
For more info:
Richard Beattie
Commercial Director – Telecom ANZ
David Henderson
General Manager – Warren & Brown Technologies