Viakable

What Viakable does

Viakable is the electrical-conductor division of Mexican conglomerate Xignux and manufactures and commercializes power cables, medium- and high-voltage XLPE-insulated cables, bare wire, low-voltage cable, magnet wire, and aluminum wire rods for the generation, transmission, and distribution of electrical energy. Founded in 1956 as Conductores Monterrey, the company now operates 19 manufacturing plants, 43 sales offices, more than 22,700 unique product solutions, and approximately 4,200 employees across Mexico and the United States (post-2022 divestitures of Brazil's São Marco and Colombia/LatAm's Centelsa), with products distributed in 35+ countries. Operations are structured through wholly owned subsidiaries Viakon (primary conductor brand with B2B ordering portal), Magnekon (magnet wire plus KEMEK chemicals), CME (US distribution network with four distribution centers and Georgia HQ), Vialutek (electric-grade aluminum wire rods via continuous casting), Multipak (wooden spools and pallets with five plants), and Viakable Manufacturing (La Salle, Illinois, acquired from American Bare Conductor Inc. in 2018).

The underlying technology is rooted in conductor materials science — XLPE cross-linked polyethylene insulation, wire-screened medium-voltage cables with improved short-circuit dissipation, continuous casting for aluminum rods, and magnet wire production — supported by CETIV, the Viakable Technology and Research Center focused on new compounds and formulations. The portfolio is qualified under ISO 9001:2015, ISO 14001:2015, ISO 45001:2018, IATF, UL, NMX, CSA, DNV, and other certifications, enabling specification into regulated utilities, airports, infrastructure, petrochemical, automotive, and telecom projects.

The business model is B2B manufacturing with quote-based pricing sold through authorized distributors in Latin America and the Caribbean, direct sales for large infrastructure and utility customers, and CME's US distribution network for the American market. Named end customers include CFE (Mexico's federal utility), Mexico City Government (Paseo de la Reforma), Querétaro International Airport, the National Auditorium, and Horno 3 Steel Museum. Revenue derives from one-time project and recurring specification-driven conductor sales; no public revenue figure is disclosed. Xignux monetized Centelsa to Nexans for $225 million in April 2022 and São Marco to Montana Aerospace in September 2022, while continuing to reinvest domestically through the $7M+ Multipak Durango expansion announced in early 2024.

Name

Viakable

Legal name

Viakable S.A.

Website

https://viakable.com

Company type

Private

Founded year

1956

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Viakable is the Xignux-owned electrical-conductor manufacturer producing power, XLPE medium- and high-voltage, magnet, and bare wire products through subsidiaries Viakon, CME, Magnekon, Vialutek, Multipak, and Viakable Manufacturing, serving utilities, industrial, infrastructure, and renewable-energy customers across Mexico, the United States, and Latin America.

Ownership category

akta.pro rank

Product category

Electrical Conductors and Wire & Cable Manufacturing

NAICS

Communication and Energy Wire and Cable Manufacturing (33592), Other Communication and Energy Wire Manufacturing (335929), Electrical Equipment Manufacturing (33531), Current-Carrying Wiring Device Manufacturing (335931)

SIC

Electric Lighting & Wiring Equipment (3640), Electronic & Other Electrical Equipment (No Computer Equip) (3600), Miscellaneous Electrical Machinery, Equipment & Supplies (3690)

akta.pro primary industry

Overhead Conductors & Transmission Cable (IMADAMAH)

akta.pro secondary industries

Utility & Underground Distribution Cable (URD/Substation) (IMADAMAG), Building Wire & Cable (Residential/Commercial) (IMADAMAA), Flexible Cords, Portable Power & Cord Sets (IMADAMAI)

Keywords

• Electrical conductor manufacturing
• Power cable production
• Medium voltage cables
• Magnet wire products
• Aluminum wire rods

Headquarters

HQ city

San Nicolás De Los Garza

HQ country

Mexico

HQ region

Latin America

Offices6 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Personnel, Operations, Technology or R&D, Marketing or Sales

Revenue model

1. Electrical Conductor Manufacturing and Sales: Viakable generates revenue through the manufacture and commercialization of electrical conductors including power cables, magnet wire, bare wire, medium and high voltage cables, and aluminum wire rods. The company sells to industrial, commercial, and infrastructure customers through direct sales, authorized distributors, and B2B platforms.

Go-to-market motion3 records

Distribution channels4 records

Marketing channels7 records

Core offering

Viakable manufactures and commercializes electrical conductors for the generation, transmission and distribution of electrical energy, including medium-voltage and high-voltage XLPE-insulated cables, bare wire, low-voltage cable, magnet wire, and aluminum wire rods. Its portfolio of 22,700+ unique solutions is delivered through vertically integrated subsidiaries (Viakon, Magnekon, Vialutek, Multipak, CME, Viakable Manufacturing) to industrial, utility, infrastructure, automotive, telecommunications and petrochemical customers in 35+ countries.

Product overview

Viakable is a leading manufacturer and marketer of electrical conductors that energize homes, businesses, and communities. Founded in 1956 as Conductores Monterrey, the company now operates as part of Xignux with 19 plants, 43 sales offices, over 4,200 employees, and more than 22,700 unique product solutions. The portfolio is organized through subsidiaries and brands: Viakon (primary electrical conductor brand offering reliable, safe, efficient conductors with advanced manufacturing and testing technology), Viakable Manufacturing (bare conductor manufacturing in Illinois, USA), Vialutek (electric grade aluminum wire rods via continuous casting), CME (US distribution network with four distribution centers), Magnekon (magnet wire, insulators, varnishes, and KEMEK chemicals), and Multipak (wooden spools and pallets for cable packaging). Products serve sectors including power generation, transmission and distribution, renewable energy, petrochemical, automotive, electronics, telecommunications, and construction.

Differentiator

Problem solved

Functional benefit

Brands

• Viakon: Reliable, safe, efficient electrical conductors with long service life using advanced technology for manufacture and testing.
• Magnekon
• CME (CME Wire & Cable)
• Multipak
• Vialutek
• Viakable Manufacturing

Products and services

• Viakon Electrical Conductors Reliable, safe and efficient electrical conductors with long service life for generation, transmission and distribution of electricity; includes a B2B client system portal for ordering and services. Targeted at utilities, industrial and infrastructure customers.
• Magnekon Magnet Wire Round and square magnet wire for electric motor, transformer and coil applications; also supplies insulators, impregnation varnishes and chemical products (via KEMEK unit). Production units in Nuevo León, Mexico.
• Vialutek Aluminum Wire Rods Electric grade aluminum wire rods manufactured through a continuous casting process with state-of-the-art technology and highest quality, safety and environmental standards. Used as feedstock for conductor production and external customers.
• Multipak Wooden Spools and Pallets Wooden spools, reels and pallets for cable packaging supplied to the cable industry and original equipment manufacturers (OEMs). Headquartered in Durango, with branches in Monterrey, Tlaxcala, Torreón and San Luis Potosí.
• CME Wire & Cable Distribution Distribution network providing US market coverage for Viakable conductors; headquartered in Suwanee, Georgia with four strategically located US distribution centers serving enterprise and infrastructure customers.
• Viakable Manufacturing (Bare Conductors) Bare conductor manufacturing operations located in La Salle, Illinois, established through the acquisition of American Bare Conductor Inc. assets to serve US customers.
• High-Performance Medium-Voltage Cables with XLPE Insulation Medium-voltage cables with XLPE (cross-linked polyethylene) insulation and wire-screed screen designed for clean energy generation projects (photovoltaic and wind farms), underground primary distribution networks in industrial and commercial areas, and projects requiring large power load supply. UL certified and NMX compliant.
• Bare Wire and Low-Voltage Cable Original product line of bare wire and low-voltage cable for general electrification of homes, businesses and communities; legacy Viakable offering still in the catalog.

Quantifiable outcome

• Improved short-circuit fault current dissipation compared to traditional wire-screened cables
• +2 more outcomes

Named customers5 records

Segments6 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Five partnerships are on record, tiered strategic, major, core and minor.

• Embajada de México en Estados Unidos / Congressman Darin LahoodstrategicGTM or Marketing Partner · 28 February 2024David Garza Herrera, Viakable Commercial Director, held meetings with Mexican Ambassador Esteban Moctezuma and Congressman Darin Lahood to strengthen US market presence and positioning strategy, given Viakable Manufacturing plant in La Salle, Illinois.
• Montana Aerospace AGmajorStrategic or Co-development Partner · 29 November 2021Viakable announced agreement to sell São Marco Industria y Comercio Ltda in Brazil to Montana Aerospace AG. São Marco is one of the main manufacturers of magnet wire and copper upcasting in Brazil with around 300 employees. Transaction concluded in September 2022 through PPE subsidiary of Montana Aerospace.
• NexansmajorStrategic or Co-development Partner · 18 August 2021Xignux announced share purchase agreement with Nexans to acquire Centelsa, a premium cable producer in Latin America involved in construction and public utilities sector. The transaction valued at $225 million for a company exceeding $250 million in sales. Transaction concluded successfully in April 2022 after regulatory approvals.
• NEMA (National Electric Manufacturers Association)coreStrategic or Co-development Partner · 18 August 2021Benjamín Hinojosa, Sales Director of CME (a Viakable company), selected to head the 'Power and Control Cable' section of NEMA. Viakable is the only Mexican company with this distinction. Gabriel Garza Herrera represents Xignux on the NEMA Board of Directors.
• CIMENL (Colegio de Ingenieros Mecánicos, Electricistas y Electrónicos de Nuevo León)minorOthers · 3 July 2021Viakable participates in CIMENL National Engineers Day recognition events, supporting the recognition of outstanding engineering professionals. Viakon and Prolec GE brands recognize the work of national engineering professionals.

Scale indicators8 records

Recent moves12 records

Expansion highlights5 records

Broad incumbents

• Nexans: Global cable manufacturer that acquired Centelsa from Viakable's parent Xignux for $225M in 2022, directly demonstrating overlap in LatAm power cable markets and utility customer base. Competes head-to-head with Viakable in medium-voltage XLPE cable segments.
• LS Cable & System: Korean cable manufacturer producing power cables, XLPE-insulated medium/high-voltage products, and magnet wire globally. Direct product overlap with Viakable across the full conductor portfolio including utility-scale renewables customers.
• Prysmian Group: World's largest cable manufacturer with broad energy, telecom, and industrial conductor portfolios. Most directly comparable to Viakable on power cables and XLPE-insulated medium/high-voltage product lines, with overlap on utilities and renewables customers globally.
• Sumitomo Electric Industries: Japanese diversified cable and wire manufacturer serving automotive, energy, and telecom end markets. Comparable to Viakable across magnet wire (Magnekon), industrial/automotive cables, and renewable energy grid conductors.
• Furukawa Electric: Japanese multinational with significant operations in power cables, telecommunications cables, and magnet wire. Comparable business mix with Viakable on magnet wire (overlapping with Magnekon) and energy infrastructure projects across Latin America.

Emerging players

• Leoni AG: European-based wire and cable specialist with strong automotive and industrial focus, plus magnet wire offerings. Comparable to Viakable's automotive and magnet wire product lines, particularly Magnekon, though more focused on European OEMs.

Direct peers

• Condumex: Mexican cable manufacturer (Grupo Condumex / Viakon's historical peer) producing power cables, magnet wire, and telecom cables, with strong presence in Latin America. Most direct regional peer to Viakable in Mexican and Latin American markets.
• Encore Wire: US-based manufacturer specializing in copper building wire, bare/ground wire, and cable products for residential, commercial, and industrial markets. Highly comparable product portfolio and end-customer overlap with Viakable's Viakon brand in building wire and low-voltage cable.
• Southwire Company: Large US private manufacturer of wire and cable, including bare conductors, building wire, and medium-voltage cables. Closest functional peer to Viakable Manufacturing (Illinois) and competes directly in the North American grid and industrial markets served by CME.

Regional players

• Industrias Unidas S.A. (IUSA): Mexican electrical equipment and conductor group operating primarily in Mexico and Latin America. Overlaps with Viakable on building wire, conduit, and cables for residential and commercial applications within the same Mexican distribution ecosystem.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/Viakable
• LinkedInlinkedin.com/company/viakable
• Instagraminstagram.com/somosviakable

Compliance18 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Viakable