JANUARY 30, 2011 -- TKH Group N.V., an internationally active group of companies that specializes in creating and supplying innovative telecom, building, and industrial systems, has acquired Optelecom-NKF Inc.
As a result of the merger, Optelecom-NKF's common stock is no longer listed for trading on The Nasdaq Capital Market effective as of the close of business on January 27, 2011.
Optelecom-NKF will contribute to TKH's ambitious growth path in security
solutions, says Alexander van der Lof, CEO of technology company TKH. The specific market niches that Optelecom-NKF serves will benefit from the complementary portfolio and technologies within TKH Group.
In joining TKH Group, Optelecom-NKF becomes a member of a global organization of companies focused on providing innovative solutions to customers' needs, according to Dave Patterson, president and CEO of Optelecom-NKF. As a TKH group subsidiary, Optelecom-NKF will collaborate with other companies in the group to leverage competencies and capabilities to drive new business, while supporting existing customers with products and services.