The general cable companies and local famous cable solution provider ACS Solutions, signed the final agreement, spin off Gepco brand series broadcast cabling solution

General cable, said Gepco brand is the broadcasting industry recognized outstanding cabling solution, have a high reputation in the industry.

General cable, vice President John Weiler said, "we are very glad to see Gepco ® brand will continue to take the goods brand development under the leadership of the ACS broadcasting market."

Dave ACSSolutions President Fox also said, "I am very glad to successful acquisition of general cable's Gepco ® brand high-end broadcast cabling solution. In the future, we will be its seamless integration with our products and services, we believe it will improve the company's performance."

General cable factory previously announced sale in Asia and Africa

In October 2014, the general cable group issued announcement, in order to speed up the pace of restructuring, general cable factory will be closed in Asia and Africa region, focus on American and European markets.

Also said at the same time, the company has production plants in India and Peru, and plans to shed nine plants in the asia-pacific region and Africa five production plants, a total of about $1 billion.

So far, general cable to complete the Fiji asset sales in the asia-pacific region, Thailand, etc.General cable, according to the future, the company will also further selling operating assets in Africa.

General cable as the world's leading cable giant, gust asset sale news in recent years.Exactly why gm is on the road to sell, perhaps can have a look at whether from his earnings.