Prysmian Group has signed a definitive merger agreement to acquire US-based Atkore for €3.3bn, a move aimed at enhancing its position as a comprehensive provider of electrical solutions. The acquisition enables Prysmian to expand its footprint in North America by integrating Atkore's portfolio of electrical infrastructure products. This acquisition follows Prysmian's earlier integrations of companies such as General Cable and Encore Wire in the North American market. In June 2026, Prysmian completed its cable installation contract for RWE's 1.4GW Sofia offshore wind farm at Dogger Bank in the North Sea. "Prysmian announces $3.8bn acquisition of Atkore" was originally created and published by Power Technology, a GlobalData owned brand.