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Ofs And Heraeus Comvance Announce The Acquisition Of Manufacturing Draw Towers And Facility By Heraeus To Produce Telecommunication Fibers In Denmark To Supply The Emea Market

Jul 17, 2023

Acquiring Company

OFS

Acquired Company

Manufacturing Draw Towers

Newport NewsManufacturingHardwareManufacturing

Description

OFS and Heraeus Comvance today announce that Heraeus Comvance has acquired part of the OFS Fitel Denmark ApS plant in Brøndby (near Copenhagen). Heraeus will manufacture standard optical telecommunication fibers based on a European value chain and will provide these fibers to the EMEA market. OFS will continue providing its customers outside of EMEA as well as its cable factories a full range of fiber types from world-class draw towers in the US. OFS will also continue to produce and market specialty fiber in Brøndby, Denmark for the global market, and Furukawa Electric, OFS' parent company, will continue serving the global market with a full portfolio of telecommunication fibers from state-of-the-art draw towers in Japan.

Quick answer

OFS and Heraeus Comvance are acquiring Manufacturing Draw Towers and Facility, announced July 17, 2023.

How much did OFS pay for Manufacturing Draw Towers?
The deal value was not disclosed.
What does OFS do?
OFS is a world-leading innovator, manufacturer and provider of infrastructure solutions for communication networks and specialty fiber optic products.

Source: Fundz verified event record.

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Company Information

Company

OFS

About

OFS is a world-leading innovator, manufacturer and provider of infrastructure solutions for communication networks and specialty fiber optic products. Our Furukawa Solutions brand is creating future-ready and sustainable solutions for customers in such areas as telecommunications, medicine, industrial networking, sensing, aerospace, defense, and energy. OFS is guiding light for a better life through the limitless possibilities of fiber optics. Headquartered in Norcross (near Atlanta) Georgia, U.S.A., OFS is a global provider with facilities in several countries worldwide. OFS is part of Furukawa Electric Group, a multi-billion-dollar leader in optical communications. Please visit www.ofsoptics.com/.

Company

Heraeus Comvance

About

Heraeus Comvance is one of the world's leading quartz glass manufacturers for fiber optics in telecommunication and specialty applications. Heraeus Comvance has significantly contributed to the optical data transmission technology with its sites in Europe, North America and China. The product portfolio includes high purity fused silica tubes for core rod manufacturing, large RIC cylinders as cladding for telecom fibers, preform manufacturing services and optical fibers.

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Frequently asked

Who acquired Manufacturing Draw Towers?

Manufacturing Draw Towers was acquired by OFS. The deal was reported on July 17, 2023. OFS is a world-leading innovator, manufacturer and provider of infrastructure solutions for communication networks and specialty fiber optic products. OFS is privately held and operates in Manufacturing.

When did OFS acquire Manufacturing Draw Towers?

OFS's acquisition of Manufacturing Draw Towers was reported on July 17, 2023. OFS and Heraeus Comvance today announce that Heraeus Comvance has acquired part of the OFS Fitel Denmark ApS plant in Brøndby (near Copenhagen). Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Manufacturing Draw Towers do?

Manufacturing Draw Towers is the company acquired in this transaction. It is privately held.

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