Overview of the Partnership

Südkabel and Sumitomo Electric – A Partnership for the Future

Südkabel, a company with over 125 years of expertise in power cable technology, has joined Sumitomo Electric Industries, Ltd. following Sumitomo Electric’s acquisition of 90% of Südkabel’s shares. This strategic move marks a new phase in Südkabel’s history, strengthening its position in the European power cable market and providing new opportunities for growth, innovation, and technological advancement. With the backing of one of the world’s leading power cable manufacturers, Südkabel is now poised to expand its manufacturing capabilities, enhance research and development, and improve project execution capacity to meet the growing demand for high-performance energy transmission solutions.

Building on a Strong Foundation

As a trusted supplier of premium power cables and system solutions, Südkabel is playing a crucial role in Germany’s and Europe’s energy infrastructure and grid expansion. As the global energy sector shifts toward sustainable and efficient power transmission, investing in new technologies, increased production capacity, and engineering expertise have become more important than ever.

Sumitomo Electric, founded in 1897 in Japan, has established itself as a global leader in power transmission, materials technology, and energy solutions, operating in 40 countries with over 290,000 employees. Sumitomo Electric’s extensive experience in high-voltage and HVDC cable solutions has made it a key supplier for major European energy infrastructure projects. Recognizing Südkabel’s strategic importance in Europe, Sumitomo Electric has brought the company into its group, ensuring a long-term commitment to growth and development in the region.

A Commitment to Innovation and Expansion

With this strengthened partnership, Südkabel is set to enhance its production and technological capabilities through substantial investments. Sumitomo Electric has committed to:

  • A capital increase of 30 million euros, providing Südkabel with the financial flexibility to support its growth.
  • An investment of approximately 90 million euros to expand Südkabel’s manufacturing capacity, R&D, and technological capabilities.
  • A dedicated Sumitomo Electric Group loan facility, ensuring long-term financial stability and the ability to take on large-scale projects.

These initiatives will strengthen Südkabel’s role in Europe’s energy transition, enabling the company to deliver world-class power transmission solutions and meet the increasing demands of the European market.

 

A Shared Vision for the Future

With its expertise in high-performance transmission solutions, Südkabel has consistently delivered reliable and innovative products that support critical energy networks. Now, as part of Sumitomo Electric, Südkabel is set to expand its capabilities, innovation, and impact while maintaining its strong identity and commitment to quality.

Südkabel has always stood for engineering excellence, technological leadership, and reliability. As Europe transitions to renewable energy and modernized grid systems, the demand for advanced high-voltage and HVDC transmission solutions is growing. This partnership with Sumitomo Electric, a global leader in HVDC technology, advanced materials, and large-scale energy infrastructure, strengthens Südkabel’s ability to meet these demands and drive future energy solutions.

With Sumitomo Electric’s financial stability, technological expertise, and global reach, Südkabel gains enhanced production capacity, access to advanced R&D, and the ability to take on larger, more ambitious projects. Investments in state-of-the-art manufacturing and next-generation power transmission technologies will further cement Südkabel’s role as a key player in Europe’s energy future.

While Sumitomo Electric provides the resources to scale and innovate, Südkabel remains a trusted name at the core of this transformation. This collaboration ensures that Südkabel’s legacy continues to thrive, empowering the company to deliver cutting-edge, sustainable, and future-proof energy solutions.

With a strong foundation, Südkabel is ready for the next phase of its journey-leading the way in shaping the future of power transmission in Europe and beyond.