AFL Telecom acquires Draka's OPGW business
APRIL 30, 2009 -- AFL Telecommunications asserts the move positions the company as the leading optical ground wire manufacturer worldwide, increasing its reach in additional countries of Europe, Africa, and the Middle East.
APRIL 30, 2009 -- AFL Telecommunications (search Lightwave for AFL Telecommunications) has signed an agreement to purchase Draka's Optical Ground Wire (OPGW) business based in Monchengladbach, Germany (search Lightwave for Draka). AFL Telecommunications asserts the move positions the company as the leading OPGW manufacturer worldwide, increasing its reach in additional countries of Europe, Africa, and the Middle East.
OGW is a dual-functioning cable that serves as ground wire for power lines, while providing a path for the transmission of voice, video, or data signals by incorporating optical fibers into the design of the cable. OPGW is placed at the highest point on power utility structures, allowing for fast, cost-effective installations with high reliability.
"The combined business synergies will enhance our technologies, increase manufacturing efficiencies, and leverage the value of what we offer our customers," said Jody Gallagher, AFL Telecommunications' president and CEO. "Not only will our capacity increase, but it will enable us to enhance our capability and flexibility along with our ability to meet the increasing demands of our customers."
AFL Telecommunications currently manufactures OPGW cables in the United States and United Kingdom. With over 20 years of experience in the aerial cable market, AFL says it supplies a full range of OPGW products, hardware accessories, engineering, and installation services.
Terms of the acquisition were not disclosed, but are subject to customary closing conditions and standard procedures due to local legislation.
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