Deal Announcement 04/17: Automotive

PwC M&A acted as financial adviser to nkt cables on the divestment of their automotive cable business (“Alpha”) to a subsidiary of Wilms Group (“Wilms”)

The Deal

Alpha (the target) is based in the Czech Republic and primarily manufactures cables applied in vehicles and produced by leading OEM manufacturers globally. Furthermore, Alpha manufactures flexible cables for e.g. white goods and wholesalers, as well as special cables.

The M&A team of PricewaterhouseCoopers Statsautoriseret Revisionspartnerselskab (“PwC Denmark”) together with the support of PricewaterhouseCoopers GmbH WPG (“PwC Germany”) acted as financial adviser to nkt cables. This transaction was run as a competitive sales process with international investors and gives a testimony to our ability to provide effective cross border M&A-advice.

nkt cables

nkt cables (the seller) develops, manufactures and markets high-end cables, cable accessories and cable solutions for a number of purposes, and is a global market-leading supplier to the energy sector. nkt cables is owned by NKT Holding, a company listed on the Copenhagen Stock Exchange (CPSE:NKT).

Wilms Group

Wilms (the buyer) is a Germany-based leading cable, wire and machinery manufacturer. The company employs approx. 6,500 people worldwide.


The global PricewaterhouseCoopers network is a worldwide association of independent auditing and consulting companies which together employ more than 200,000 employees in 157 countries. Our global network comprises nearly 1,550 M&A professionals all over the world, realizing approx. 390 successful transactions per year. We specialize in a wide range of independent M&A services including advice on acquisitions and disposals, mergers, public takeovers, privatizations as well as structured financing.

PwC Denmark acted as financial adviser to nkt cables and was supported by the M&A team in Germany.

The Danish PwC deal team consisted of Lars Engskov (Partner), Elliot Grove (Senior Manager), Alexander Reventlow (Senior Analyst) and Frederik Slot Petersen (Analyst). Support from the German M&A practice was provided by Thomas Klapsia (Manager).

Deal Announcement 04/17: Automotive

Contact us

Alexander Knögel

Alexander Knögel

Partner, Corporate Finance | M&A Industrial Technology & Business Services, PwC Germany

Tel: +49 170 2250409

Martin Schwarzer

Martin Schwarzer

Partner, Corporate Finance | M&A Automotive & Industrial Products, PwC Germany

Tel: +49 160 97228977

Follow us