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Announced

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Alcadon Group completed the acquisition of Networks Centre for $36m.

Synopsis

Alcadon Group, a Sweden-based company involved in providing products for data and network communication, completed the acquisition of Networks Centre, a supplier of reliable network cables, in particular, fiber optic cables intended to offer their products to installers, integrators, data centers, and broadband operators, for $36m. ”With the acquisition of Networks Centre, Alcadon Group is establishing itself in one of the largest and fastest growing markets in Network Infrastructure in the World, the UK. In addition, Networks Centre has successfully launched operations in the Netherlands in a short amount of time, where it currently has a strong base in the Data centre segment that complements Alcadon's current operations in the Benelux region very well. Today, Networks Center has a very strong position in the UK in not only the Commercial Networks and Data centre segments but is also one of few that has successfully established itself as a well-known player in the British broadband rollout with a complete fiber network offering," Sonny Mirborn, Alcadon CEO.

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