Manufacturer of blown fibre and ducted network solutions for the telecommunications industries, Emtelle, has announced the acquisition of the German cable manufacturer Moore GmbH.
The combined business will ensure Emtelle can meet the fast-growing, worldwide demand for blown fibre, driven largely by the huge growth in Internet usage, including IoT.
The acquisition is part of a major €30m investment by Emtelle in its manufacturing plants across Europe. It will enhance the overall capacity of the group and secure supply to a rapidly expanding client base in continental Europe.
It gives Emtelle three central hubs – in the UK, Scandinavia and Germany – allowing rapid access to customers in these countries as well as in France and Benelux. Customers will benefit from the merged expertise and skillsets through improved service and support.
The acquisition of Moore GmbH will enhance Emtelle’s manufacturing facilities as well as its ability to support customers worldwide, underpinning the company’s existing global market coverage. With two sites in the UK – in Jedburgh and Hawick in Scotland – as well as in Scandinavia and now Germany, Emtelle is well-placed to serve over 50 markets across the world.
The acquisition will both strengthen its presence in mainland Europe and underpin its position as the industry leading supplier of blown fibre and ducted networks to the telecoms, power, rail, highway and industrial sectors. Emtelle has already started investing in additional capability and capacity for the facility in Germany.
Mads Høgfeldt, Group CEO, Emtelle, said, “There is a natural synergy between our skillsets and product lines and this deal will benefit our clients. The addition of manufacturing capability in the centre of the largest country in western Europe is a complementary expansion of our core Scandinavian and UK manufacturing capabilities.
“This acquisition will ensure better and more local customer service to our rapidly developing customer base. As a combined group, we will be able to supply the increasing global demands for fibre by adding a full manufacturing facility to our current sales team in Germany, substantially increasing our presence in a market which offers the largest FTTP potential in Europe.”