AFL Acquires Optimal Cable Services [Health & Beauty Close - Up]
(Health & Beauty Close - Up Via Acquire Media NewsEdge) AFL announced it has acquired Optimal Cable Services, a manufacturer of fiber optic cable and provider of connectivity products based in Melbourne, Australia.
In a release dated Feb. 4, the Company said that terms of the transaction were not disclosed.
Optimal will join the AFL portfolio expanding the company's offering of solutions to the telecommunications, mining and general distribution markets.
"AFL's products and services are now in use in over 120 countries around the world. We currently manufacture our products in multiple locations, and adding Optimal greatly extends our manufacturing capabilities in the South Pacific," said Kurt Dallas, vice president and general manager, global cable systems, for AFL. "The team at Optimal has an excellent track record of taking care of customers and we look forward to working with this group to further grow our business and customer base across Asia."
At its facility in Melbourne, Optimal manufactures uni-tube, stranded loose tube, armored loose tube, high count loose tube, riser and all-dielectric self-supporting cables in addition to composite, cords and ancillary products. Optimal also provides patchcords, pigtails, connectors, adaptors, tooling, test equipment and media converters.
"In the cable business particularly, AFL has a rich history of blending technology, business acumen and customer service. We were immediately impressed with AFL, its products and services, and the leadership team," said Paul Cross, sales and marketing director and general manager for Optimal Cable Services. "With the combined strengths of AFL and Optimal, the growth opportunity is tremendous. Additionally, the value proposition for our current and future customers is very compelling."
Optical Cable Services will continue operations in its existing facility in Melbourne, Australia.
AFL provides products and services to the electric utility, broadband, communications, OEM, enterprise, wireless and transit rail markets.
Optimal Cable Services provides fiber optic cable and connectivity solutions to customers.
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