Prysmian Group to Acquire EHC Global

To Our Valued and Respected Customers,

We are pleased to announce that EHC Global (EHC) has entered into an agreement to sell 100% of EHC to Prysmian Group. The completion of the transaction is subject to regulatory approvals and other customary closing conditions.

Prysmian Group’s Draka Elevator business, based in Rocky Mount, North Carolina, is a leading manufacturer of engineered elevator cables with over 35 years of experience in the lift industry. Under the leadership of Sterrett Lloyd, Draka Elevator has built a global reputation for providing high-quality, innovative components essential for safe, efficient, and reliable elevator operation.

This is a very exciting, strategic and historic event for both companies, for our employees, and our customers. EHC and Draka Elevator are well-established, respected and highly complementary companies with nearly 80 years of combined experience and leadership in the global vertical transportation industry. Both organizations hold similar principles and values and share a common vision and passion for developing innovative and sustainable solutions that optimize safety, enhance value, and meet the most challenging demands of OEMs, designers, building owners, and facility managers. We now have a great opportunity to build upon this incredible foundation and further strengthen our world-leading brands.

Following the completion of the transaction, our organizations will be working closely together to smoothly integrate our operations and to develop and implement strategies that are in the best long-term interests of our customers and global distribution partners.

In the coming weeks, we will reach out to you with additional information regarding the transaction and the benefits we believe it will bring to your organization and to your customers. Until the completion of the transaction, please continue on a business-as-usual basis, with your existing EHC Sales and Service representatives.

Please join us as we embark on an exciting and prosperous future for our customers, partners and employees.

Thank you and best regards,


Ronald Ball, Founder & Chairman

Jeno Eppel, President & CEO