Swiss cabling provider Reichle & De-Massari (R&M) says it has acquired Advanced Fiber Systems (AFS), a manufacturer of fiber-optic cables, racks, and accessories for public network applications based in India. Terms of the deal were not disclosed.
AFS has been an R&M certified assembly partner for the E-2000 connector for several years. The company was founded in 2002 and has its production facility in Bangalore. The management and all employees of AFS will transfer to R&M in India. R&M also has facilities in Bangalore. The addition of the AFS employees will increase R&M’s headcount in the country beyond 50 people.
“We are very excited about the benefits and potential of this acquisition,” commented Laurent Amestoy, executive vice president of R&M Asia-Pacific. “R&M has achieved tremendous growth in India since beginning operations in 2006. This acquisition is a key milestone to further expand our business in India. We can now actively participate in the growing fiber-optic network deployments, fiber-to-the-home (FTTH) roll-outs, and data center projects. I remain confident that our high-quality approach and greater local presence will take us to the next level in India."
"Over the last 10 years, we have built excellent customer relationships through our expertise in fiber-optic technology and the ability to offer customized solutions,” added Vijay Kumar H.P., director of AFS. “We are thrilled to become a part of the R&M's global organization. With R&M’s worldwide expertise and our local knowledge, we will be able to offer new solutions with added value to our customers."
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