Reichle & De-Massari (R&M) has acquired the business activities and operating assets of Advanced Fiber Systems (AFS) in India. AFS is a renowned manufacturer of fibre-optic products and solutions for the Public Network market and has been an R&M certified assembly partner for the E-2000TM connector for several years. AFS was founded in 2002 and has its production facility located in Bangalore. The management and all employees of AFS will transfer to R&M in India.
This acquisition provides R&M with the industrial platform to strengthen its existing structured cabling business in India and addresses new strategic market segments. Laurent Amestoy, Executive VP of R&M Asia-Pacific commented: “We are very excited about the benefits and potential of this acquisition. 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 fibre-optic network deployments, Fibre-to-the-Home (FTTH) roll-outs and Data Centre projects. I remain confident that our high-quality approach and greater local presence will take us to the next level in India."
Vijay Kumar H.P., Director of AFS says: "Over the last 10 years, we have built excellent customer relationships through our expertise in fibre-optic technology and the ability to offer customized solutions. 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."