R&M acquires the business activities and operating assets of AFS in IndiaSwiss cabling specialist R&M, acquired today the business activities and operating assets of Advanced Fiber Systems (AFS) in India.
(PressReleasePoint) -Wetzikon, BANGALORE, India - March 4, 2014
Swiss cabling specialist R&M, acquired today the business activities and operating assets of Advanced Fiber Systems (AFS) in India. AFS is a highly reputed manufacturer of fiber-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 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."
Gaurav Ahluwalia, Managing Director of R&M mentioned, "We've been able to grow rapidly in India year-on-year and with this acquisition we are looking forward to broadening our reach and solutions. AFS has been a certified assembly partner of R&M for many years, so the quality and innovation in fiber optic solutions will continue."
Vijay Kumar H.P., Director of AFS says: "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. 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."
R&M has been active in India since 2006 and is located in Bangalore. With the integration of the business activity of AFS, the number of R&M employees will now rise to over 50.
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About Reichle & De-Massari (R&M)
R&M is a leading supplier of passive cabling solutions for high-quality communication networks. With its copper and fiber optic systems the company contributes significantly towards ensuring operational reliability in voice, data and image transmission - worldwide. As a systems provider R&M has set itself the target of developing optimum functionality and, above all, satisfying the highest quality criteria. R&M also provides maximum installation and maintenance convenience. R&M solutions stand out by virtue of their maximum availability combined with cost-effective network operation. R&M's high level of product quality and forward-looking system design ensure that the networks are sustainable and the investments safeguarded. R&M cabling solutions are used in office buildings and homes, by net-work operators and in industry. More information is available atwww.rdm.com.
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