Prysmian to buy Atkore for USD 95 per share in USD 3.8 billion deal
ATKR•Prysmian agrees to acquire Atkore
Prysmian agreed to acquire Atkore in a $95-per-share deal, implying an enterprise value of about $3.8 billion.
The price represents a roughly 23% premium to Atkore’s 90-day volume-weighted average price through July 31, 2026.
Deal valuation and expected synergies
The deal values Atkore at 9.8x EV/EBITDA for fiscal 2025, falling to 7.1x including expected run-rate synergies.
Prysmian expects about $150 million in annual EBITDA synergies within three years.
Atkore operating profile and closing timing
Atkore reported fiscal 2025 revenue of $2.85 billion, adjusted EBITDA of $386 million, about 30 major sites, and 5,400 employees.
Closing is targeted by end-2026.
