Nearly $300 million COP worth of counterfeit power wires and cables removed from the market

About Centelsa by Nexans:

For over a century, Nexans has played a crucial role in electrifying the planet and is committed to electrifying the future. With around 28,000 people in 42 countries, the Group leads the way toward a safe, sustainable, renewable, decarbonized, and accessible electric world. In 2022, Nexans generated sales of €6.7 billion. The Group is a leader in designing and manufacturing wiring systems and services in four main areas: Building & Territories, High Voltage & Projects, Industry & Solutions, Telecommunications & Data. Nexans is the first company in its industry to create a foundation that supports sustainable initiatives to provide energy access to disadvantaged communities worldwide. The Group's commitment is to contribute to carbon neutrality by 2030.

Nexans has been present in Colombia since 2008, and in April 2022, it completed the acquisition of the premium cable manufacturer CENTELSA, with the firm intention to continue electrifying the future of Colombia and Latin America. Thus, the Group expects to consolidate its value offer throughout the electrification chain, reaffirming its role as a strategic partner in the energy transition of the region.