Prysmian to acquire Warren & Brown, Australian leader in Telecommunication Network Connectivity Products

categories: Financial Press Release 

Prysmian strengthens its position as a solution provider in connectivity

Milan, Italy   -   10/04/2024 - 12:20 PM

Prysmian, leader in the energy transition and digital transformation, announces to have signed an agreement to acquire Warren & Brown Technologies, the Australian leader in telecommunication network connectivity products.

The acquisition represents a strategic milestone for both companies, combining Prysmian’s expertise in Digital Solutions technologies with Warren & Brown’s resources, capabilities and strength in enterprise solutions for the Telecom market.

The transaction is in line with Prysmian’s “Connect, to lead” strategy to become a global solution provider to enable energy transition and digital transformation.

Warren & Brown is the Australian leader in telecommunication network connectivity products, providing solutions to telecom operators for various applications mainly in the business of FTTA and FTTH & Data Centre. Founded in 1921, the Company is headquartered in Melbourne, operates 3 main production sites, 2 in Australia (Melbourne) and 1 in Philippines (Manila) and generates annual revenue of approx. 90 million AUD (approx. €55 million)

The transaction is subject to regulatory approvals and customary conditions

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