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Prysmian buys ACSM as Europe doubles down on offshore wind - Jan 23, 2026
As of January 23, today’s news is dominated by Prysmian's significant acquisition in the submarine cable sector and continued commitments by European governments towards renewable energy expansion amidst external criticisms. Prysmian will acquire ACSM, a Spain-based leader in solutions for submarine cable installation, including subsea surveying, route planning and seabed preparation activities with over 20 years of experience in the offshore cable sector. The transaction value is 169 million euros, the company said in a statement. The transaction will strengthen Prysmian’s global leadership…
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