Wetzikon, Bangalore, India, March 4, 2014: R&M, Swiss cabling specialist, has acquired the business activities and operating assets of Advanced Fiber Systems (AFS) in India. AFS is a 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.
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.
Executive VP of R&M Asia-Pacific Laurent Amestoy said, “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.”
Managing Director of R&M Gaurav Ahluwalia said, “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.”
Director of AFS Vijay Kumar H.P. said, “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.”