AFL acquires Australia's Optimal Cable Services
AFL, a wholly-owned subsidiary of Japan's Fujikura Ltd., has acquired Optimal Cable Services, an Australian manufacturer of fiber optic cable and a provider of connectivity products based in Melbourne.
A press release said that Optimal will join AFL's portfolio, "expanding the company's global offering of solutions to the telecommunications, mining and general distribution markets." It noted that Optimal's product portfolio is "an exceptional complement to AFL's current offering," as it includes uni-tube, stranded loose tube, armored loose tube, high-count loose tube, riser and all-dielectric self-supporting (ADSS) cables in addition to composite, cords and ancillary products. Optimal, it noted, also provides patchcords, pigtails, connectors, adaptors, tooling, test equipment and media converters.
"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, AFL's vice president and general manager, global cable systems. "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."
Paul Cross, sales & marketing director and general manager for Optimal Cable Services, observed that the combined strengths of AFL and Optimal, offer tremendous the growth opportunity. "Additionally, the value proposition for our current and future customers is very compelling," he said.
Optical Cable Services will continue operations in its existing facility in Melbourne, the release said. Terms of the transaction were not disclosed.