Prysmian Group acquires Omnisens

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The Group strenghtens its presence in the value-added market of monitoring solutions for a safer and more effiecient use of electrical assets.

Prysmian Group world leader in the energy and telecom cable systems industry announces that it has completed the acquisition of Omnisens S.A., a leader in high performance fiber-optic based monitoring solutions for a safer and more efficient use of critical infrastructures. The acquisition, a transaction valued CHF 18.8 million, is in line with Prysmian Group’s strategy to grow and reinforce its value-added businesses, continuously increasing its drive towards a digital, remote and electrified global industrial transformation. Prysmian Group, through Prysmian Electronics, the unit entirely dedicated to asset... ... More: Official Press Release Prysmian Group

Keywords:

Prysmian, acquisition, Omnisens, Switzerland, monitoring, critical infrastructure, optic sensing solution, value added business