Prysmian, a leader in energy and data wire and cabling solutions, recently announced changes to its leadership structure in North America to further strengthen the company’s market position in the region. 2025 marked the best year yet for Prysmian, with global revenues reaching USD$23.08 billion (€20 billion).
Ventus Industrial Partners, a US-based private equity firm specializing in sectors critical to national security, announced the formation of Aeron Defense and the acquisitions of General Tool Company (GTC) and Magna Machine Company, in partnership with GenNx360 Capital Partners and Admiralty Partners.GTC and Magna were founded together by the Kramer family and are reuniting under the GTC name.