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History

A journey that began two centuries ago

EN - About Us - History - With over 140 years of cumulative experience

With over 140 years of cumulative experience, the Group has a long history and has always been at the forefront of striving to meet evolving customer needs.
The history of our business charts the history of the cable industry itself, marked by many major milestones along the way, which cement our reputation as an early adopter and industry pioneer.

ENG - About us- History - History Timeline

  1. Foundation of Pirelli Cavi and expansion

    1879

    Prysmian Group’s history has its roots in the history of the Pirelli Group. A few years after the foundation of the company, the activities of Pirelli Cavi e Sistemi commenced.

  2. Foundation of Draka

    1910

    Draka is founded under the name of Hollandsche Draad & Kabel Fabriek (Dutch Wire & Cable Factory).

  3. Foundation of Keila Kaabel manufacturing plant

    1968

    Keila plant is founded and the production of electrical cables in Keila started.

  4. Draka in the Philips route

    1970

    The company is acquired by Philips and became part of the Wire and Cable division.

  5. Draka independence

    1986

    The business became independent through a buyout financed by Parcom and Flint Beheer, at which point the name Draka was born.

  6. Joint venture with Nokia Kaapeli OY

    1992

    Nokia Kaapeli OY in Finland acquired 58.8% shares of the Keila Kaabel manufacturing plant

  7. Pirelli growth through acquisitions

    1998

    The company begins targeted acquisitions, including the power cable businesses of Siemens, BICC, Metal Manufacturers Ltd and NKF.

  8. Birth of Draka NK Cables

    2003

    The Finnish company has been acquired, by Draka Holding and renamed with the brand of the group Draka. Keila Kaabel belonging partly to Finnish company is now part of Draka.

  9. Birth of Prysmian Cables & Systems

    2005

    Prysmian is founded in July 2005 through the acquisition of the energy and telecom cables and systems activities of Pirelli.

  10. Birth of Draka Keila Cables

    2006

    Keila Kaabel was renamed with the brand of the group Draka.

  11. Prysmian listed/Public company

    2010

    Indirectly controlled by The Goldman Sachs Group, Prysmian becomes a listed company quoted in the blue chip sector of the Milan stock exchange. In 2010 it becomes a truly public company

  12. Draka external growth

    2010

    A series of global acquisitions marked the Group’s external growth over a periood of more than 20 years, including the acquisitions of Philips Optical Fibres and Alcatel.

  13. Birth of the Prysmian Group

    2011

    Indirectly controlled by The Goldman The union of Prysmian and Draka and combination of two market leaders gives birth to the cable industry’s new world leader.

  14. Era in Prysmian Group

    2014

    Prysmian Group finalized the acquisition of the remaining 34% interest in AS Draka Keila Cables.

  15. Acquisition of General Cable

    2018

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