Sweden’s Hexatronic Group has entered into an agreement to acquire all shares in the UK-based fibre optic company Tech Optics Limited.
Tech Optics is a fibre optic products supplier and cable assembly manufacturer, which was established in 1988. The company specialises in applications within harsh environments, for example defence, aerospace, oil and gas industry. Tech Optics is an approved supplier to the UK defence industry and provides many leading companies worldwide with an extensive range of fibre optic communications products, customised fibre optic cable assemblies and fibre optic expertise.
“Tech Optics has been a partner to us for many years and we are very pleased to welcome the team to Hexatronic group. This strategic acquisition brings us Tech Optics’ know-how and position within fibre optic solutions for harsh environments. Together with our FTTH company Hexatronic UK and our training companies PQMS, Smart Awards and Gordon Franks Training we become a strong player in the UK- arket for fibre optic solutions” commented Henrik Larsson Lyon, CEO Hexatronic Group AB. Hexatronic says the acquisition will have no significant impact on the company’s earnings.
A few weeks ago, Hexatronic UK signed a strategic agreement with KCOM to supply passive fibre optic solutions
For more information, visit www.hexatronicgroup.com