Acquisition Expands AFL’s Services Offering into European Market
SPARTANBURG, S.C. - Tuesday, May 24th 2011 [ME NewsWire]
(BUSINESS WIRE)-- AFL has signed an agreement to acquire TCC Group, a leading telecommunications network implementation and integration provider based in Bracknell, United Kingdom. TCC Group will join the AFL global portfolio to provide communications services to the European markets.
“This is a key growth opportunity for AFL as this acquisition enhances our engineering, material logistics and installation capabilities, enabling us to expand and serve major telecommunications companies in Europe,” said Jody Gallagher, President and CEO of AFL. “We are also pleased that Jas Gill, TCC Group’s founder, will remain with the company to help us ensure that the transaction is beneficial to TCC’s customers.”
TCC Group has experience in designing, building, installing and maintaining next generation networks for a number of large telecommunications customers. This acquisition expands AFL’s capability to provide customers with copper and fibre technology services from the switch site to the customer premise. With AFL’s global portfolio, this expertise is further enhanced into new and larger markets.
Jas Gill, TCC Group’s founder commented, “I am very excited by the prospects and opportunities this transaction will bring to both companies and I am confident there will be real benefit to existing and future customers.”
AFL manufactures fibre optic cables and components and provides design, project management and installation services from the USA, UK and Germany. TCC Group will continue to operate from existing facilities around the UK. Terms of the acquisition were not disclosed.
About AFL:
AFL provides industry-leading products and services to the electric utility, broadband, communications, OEM, enterprise, wireless and transit rail markets as well as the emerging markets of oil and gas, mining, nuclear, avionics, medical, renewable and intelligent grid. The company’s diverse product portfolio includes fibre optic cable, transmission and substation accessories, outside plant equipment, connectors, fusion splicers, test equipment and training. AFL’s service portfolio includes market-leading positions with the foremost communications companies supporting both the central office and outside plant areas.
Founded in 1984, AFL is proud to offer engineering expertise, exceptional products and reliable service that help our customers improve their critical and electrical infrastructure. AFL has operations in the U.S., Mexico, Europe and Asia. The company is headquartered in Spartanburg, SC, and is a wholly-owned subsidiary of Fujikura Ltd. of Japan. For more information, visit www.AFLglobal.com.
About TCC Group:
Over the last 18 years, TCC Group has become a leading provider of telecoms services, with in-depth experience, strength and core skills in the design, build, installation and maintenance of next generation networks working across the UK, Ireland and Europe. The company is committed to developing solid strategic partnerships with all our clients - service providers, private operators, OEMs, cable companies, utilities, central and local government - and creating value for their customers.
TCC Group’s capabilities span across all key engineering competencies. From planning to civil engineering and all aspects of internal and external network engineering, TCC Group takes the end-to-end technological perspective from switches, headends and data centres to business and residential customers alike. The company has a highly skilled/experienced, motivated, engineering field force.
TCC Group is headquartered in Bracknell with operational facilities at key locations within the UK. For more information, visit www.tcc-plc.com.
Contacts
AFL
Corie Culp
PR Manager
864-433-5409
Corie.Culp@AFLglobal.com
Joanne Lawrence
Sales and Marketing Coordinator
(44) 1793 647200
JLawrence@AFL-Europe.com
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