Prysmian Group

Italy’s Prysmian to Acquire U.S.-Based Encore Wire

Italy's Prysmian Group, which includes the Draka Elevator business, on April 15 announced a US$4.15-billion deal to acquire U.S. firm Encore Wire, outlets including Reuters report. "M&A is in our...

Draka EHC to Host 38th Annual Golf Classic to Benefit EESF

Draka EHC, a division of Prysmian Group, plans to host its 38th Annual Golf Classic on May 18 at the Benvenue Country Club in Rocky Mount, North Carolina, to benefit...

Prysmian Group Celebrates US$7-Million Kentucky Expansion

Kentucky Gov. Andy Beshear joined Prysmian Group leaders on December 6 to welcome a more than US$7-million expansion of its North American headquarters, including the elevator division, in Highland Heights,...

NEII Announces 2022 BoD

The National Elevator Industry, Inc. (NEII) announced its 2022 Board of Directors (BoD) on July 1 following its Annual Member Meeting in June. The BoD guides strategy as the association...

Draka Elevator, EHC Global to Rebrand as Draka EHC

Draka Elevator and EHC Global, a brand of the Prysmian Group, announced in April plans to rebrand as “Draka EHC.” Draka EHC provides a comprehensive portfolio of value-added products, services...

EHC Tufflex Handrails for Expanding Cairo Metro

EHC Global, part of Prysmian Group's elevator and escalator division, recently supplied TufFlex escalator handrails to Cairo Metro in Egypt, EHC announced on March 16. Serving the greater Cairo metropolitan...

Acquisition, transitions, events and more in the recovering continent

Prysmian Group Completes Acquisition of EHC Global Prysmian Group, headquartered in Milan, Italy, announced the acquisition of EHC Global, a “complementary add-on to Prysmian’s Draka Elevator business,” in January. Headquartered...