General Cable Expanding Middle Eastern Operations with Joint Venture

General Cable Corp. (BGC), Highland Heights, Ky., has formed a joint venture with International Cable Industries LLC (ICI), a limited liability company organized in Oman. The joint venture company in which General Cable will have a majority interest will distribute a wide variety of wire and cable products for the energy, electrical infrastructure and construction markets in Oman and other Gulf Cooperation Council (GCC) countries.

The company also acquired BICC Egypt this week, a manufacturer of a wide variety of wire and cable products for the electrical markets including low voltage insulated power and control cables, building wire, instrumentation cable, halogen free power and control cables, and overhead power cables. In the last twelve months, BICC Egypt reported revenues of approximately $30 million.

Details on joint venture

Details on BICC Egypt acquisition