Era in Prysmian Group
Prysmian Group finalized the acquisition of the remaining 34% interest in AS Draka Keila Cables.
Birth of the Prysmian Group
Indirectly controlled by The Goldman The union of Prysmian and Draka and combination of two market leaders gives birth to the cable industry’s new world leader.
Prysmian listed/Public company
Indirectly controlled by The Goldman Sachs Group, Prysmian becomes a listed company quoted in the blue chip sector of the Milan stock exchange. In 2010 it becomes a truly public company
Birth of Prysmian Cables & Systems
Prysmian is founded in July 2005 through the acquisition of the energy and telecom cables and systems activities of Pirelli.
Pirelli growth through acquisitions
The company begins targeted acquisitions, including the power cable businesses of Siemens, BICC, Metal Manufacturers Ltd and NKF.
Foundation of Pirelli Cavi and expansion
Prysmian Group’s history has its roots in the history of the Pirelli Group. A few years after the foundation of the company, the activities of Pirelli Cavi e Sistemi commenced.
Birth of Draka Keila Cables
Keila Kaabel was renamed with the brand of the group Draka.
Draka external growth
A series of global acquisitions marked the Group’s external growth over a periood of more than 20 years, including the acquisitions of Philips Optical Fibres and Alcatel.
The business became independent through a buyout financed by Parcom and Flint Beheer, at which point the name Draka was born.
Draka in the Philips route
The company is acquired by Philips and became part of the Wire and Cable division.
Foundation of Draka
Draka is founded under the name of Hollandsche Draad & Kabel Fabriek (Dutch Wire & Cable Factory).
Birth of Draka NK Cables
The Finnish company has been acquired, by Draka Holding and renamed with the brand of the group Draka. Keila Kaabel belonging partly to Finnish company is now part of Draka.
Joint venture with Nokia Kaapeli OY
Nokia Kaapeli OY in Finland acquired 58.8% shares of the Keila Kaabel manufacturing plant
Foundation of Keila Kaabel manufacturing plant
Keila plant is founded and the production of electrical cables in Keila started.