Swiss cabling specialist R&M has acquired 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 Bengaluru.
R&M MD Gaurav Ahluwalia 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 HP, director, 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.”
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, 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.”