In a strategic move to bolster its presence in Southeast Asia and the southern Pacific, Milan-based Prysmian Group has announced the acquisition of Australian cable manufacturer Warren & Brown Technologies. Specializing in optical fibres, structured cabling, and other telecom products, Warren & Brown is positioned to enhance Prysmian's offerings in data centres, fibre-to-the-home (FTTH), and fibre-to-the-antenna (FTTA) applications.
With headquarters in Melbourne, Warren & Brown operates two manufacturing facilities in Australia and another in the Philippines, boasting an annual turnover of around AUD 90 million (USD 57.8 million). While the financial details of the transaction remain undisclosed, Prysmian emphasizes the acquisition's role in advancing its digital transformation and energy transition objectives.
This acquisition signifies a key development for Prysmian, promising to integrate Warren & Brown's specialized telecom expertise with Prysmian's global resources. The deal is currently pending regulatory approval and the fulfillment of customary closing conditions.
This announcement follows Prysmian's recent introduction of a comprehensive range of fibre optical cable components in the US, compliant with the Build America, Buy America sourcing criteria, and aimed at supporting federally funded fibre projects.
