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Pirelli Cables & Systems now officially known as Prysmian

Pirelli Cables & Systems has officially been renamed Prysmian Cables & Systems following its acquisition by Goldman...


October 17, 2005  


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Pirelli Cables & Systems has officially been renamed Prysmian Cables & Systems following its acquisition by Goldman Sachs Capital Partners in July.

Prysmian will continue to operate and develop its business in the two core cable sectors of Telecoms and Energy, continuing a history of more than 130 years of activity in these markets.

The company said in a release issued today that it will maintain its existing product portfolio that include high voltage cable for submarine and terrestrial installation through to fiber optics, copper and xDSL.

It currently employs 12,500 people in more than 20 countries including Canada.