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Press Release -- October 5th, 2021
Source: hexatronic

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.

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