General – Acquisition
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 (factoring in €24 million in capex for a vessel delivered to ACSM in Q4’25), subject to a customary adjustment mechanism based on ACSM’s net financial position, working capital and capex.
The closing of the transaction is expected by February.
ACSM, based in Vigo, Spain, has been operating for over 20 years across 60 countries, with more than 350 employees and a track record of hundreds of completed subsea operations.
