Hexatronic completes previously announced acquisition of Data Center Systems
October 01 2021 - 1:00PM
Hexatronic completes previously announced acquisition of Data
Center Systems
Hexatronic Group AB
(publ)
556168-6360
Press Release
October 1,
2021
Hexatronic completes previously
announced acquisition of Data Center
Systems
Hexatronic Group AB (publ) (“Hexatronic”) has today, October 1,
2021, completed the previously announced acquisition of Data Center
Systems (“DCS”). DCS provides end-to-end fiber connectivity
solutions to the US Data Center market.
With the acquisition of DCS, Hexatronic enter the US market for
data centers. DCS’s production facility will also enable Hexatronic
to provide customers in North America with locally assembled and
terminated products for Hexatronic’s complete FTTH-solution.
The acquisition was announced on September 22, 2021, and took
place via a transfer of shares. DCS will be consolidated into the
Hexatronic Group from October 1, 2021.
The acquisition has been fully financed with a loan from Danske
Bank.
Gothenburg, October 1, 2021
Henrik Larsson LyonCEO Hexatronic Group
For more information, please contact:
Henrik Larsson Lyon, CEO Hexatronic Group, +46 706 50 34
00
Pernilla Lindén, CFO Hexatronic Group, +46 708 77 58 32
The information was submitted for publication, through the
agency of the contacts set out above, at 7 pm CET on October 1,
2021.
Hexatronic Group AB (publ) is a group that develops, markets and
delivers products, components and system solutions with the main
focus on the fiber optic market. Hexatronic offers a wide range of
innovative system and product solutions mainly for passive fiber
optic infrastructure with global trademarks like Matrix, Viper,
Stingray, Raptor, InOne, Drytech™, Lightmate®, Skyline and Wistom®.
The Group has its headquarters in Gothenburg, Sweden and has sales
offices and/or subsidiaries in Sweden, Norway, Denmark, Finland,
United Kingdom, the Netherlands, Italy, Estonia, Latvia, Lithuania,
Germany, China, New Zealand, Australia, US and Canada. The Group is
listed on Nasdaq Stockholm under the ticker HTRO. For more
information, visit https://group.hexatronic.com/en.
- 2021-10-01 Hexatronic completes previously announced
acquisition of DCS
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