Panduit/General Cable Partnership Unchanged with Prysmian Acquisition of General Cable
TINLEY PARK, Ill. — (July 11, 2018) — Prysmian Group, the world leader in the energy and telecom cable systems industry, and General Cable have completed a merger under which Prysmian has acquired General Cable. A long-standing strategic partnership between Panduit and General Cable is strengthened by the merger. Panduit and General Cable have gone to market in North America with a PanGen™-branded solution for more than 14 years.
“Panduit is excited about the future of PanGen,” said Tom Kelly, Vice President of Panduit’s Enterprise Business. “The Prysmian acquisition will bring additional strengths to the PanGen partnership with Prysmian’s global footprint and increased fiber offerings. Customers who use the PanGen solution will find it is business as usual with the merger now complete. Panduit has had a long relationship with General Cable and Prysmian and this acquisition will only strengthen our partnership into the future.”