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Tratos Cavi Spa has acquired AFL Telecommunications Europe Ltd in the UK

Started by tacettin, September 06, 2024, 10:14:43 AM

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tacettin



Tratos Cavi Spa has acquired AFL Telecommunications Europe Ltd in the UK

TRATOS CAVI S.p.a. (TRATOS), effective immediately, a company with headquarters in Pieve Santo Stefano, Tuscany, Italy, and wholly owned subsidiary of TRATOS S.r.l. has acquired all shares of AFL Telecommunications Europe Ltd, a subsidiary of AFL Telecommunications LLC (AFL).

The purchase includes all fibre optic cable product lines for the power utility, rail, and oil and gas markets, including the SkyWrap® attached fibre optic solution for overhead power lines, ruggedised trackside fibre optic cables and subsea umbilical optic cable components.

The company will continue to operate in its recently expanded facility in Swindon, UK. The acquisition will increase TRATOS's footprint in the UK alongside its existing electrical cable facility in Knowsley, strengthening the breadth and depth of products TRATOS designs and manufactures.

"TRATOS and AFL's Swindon plant share a strong commitment to quality products and services to core customers in the power utility, rail and oil and gas markets", commented Elisabetta Bragagni Capaccini, CEO of TRATOS CAVI S.p.a. "Adding their unique product capabilities, staff technical expertise and EMEA sales team to our company will strengthen TRATOS' position in these markets enabling us to offer a combined portfolio of market-leading electrical and optical cables to our customers."

"TRATOS, as a European electrical and optic cable manufacturer with a long history in the market, is a synergistic match for the AFL Swindon facility. This is exciting news for the European utility, renewables, and rail industries", commented Jeff Schmerbeck, Vice-President of Cable Solutions at AFL. Terms of the acquisition were not announced.

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