R&M completes 50 years of of its operations

20th June 2014 | By Mouseworld Now Correspondent |

Martin Reichle, Owner of R&MBangalore, India, June 20, 2014: Swiss cabling specialist Reichle & De-Massari (R&M) today completed fifty years of its operations. Since its inception in 1964 R&M has steadily expanded its presence across 30 countries and has rapidly expanded in segments like office cabling, data centers and FTTx.

In India, R&M has been expanding rapidly. It recently acquired the business activities and operating assets of Advanced Fiber Systems (AFS) in India. AFS is a reputed manufacturer of fiber-optic products and solutions for the Public Network market and has been an R&M certified assembly partner for the E-2000 connector for several years. AFS was founded in 2002 and has its production facility located in Bangalore. The management and all employees of AFS have been transferred to R&M in India.

At a recent event, R&M formally inaugurated the production facility after the acquisition. The strategic importance R&M accords to its operations in India was manifested by the presence of its top leadership at the event. This included Martin Reichle, Owner of R&M, Michel Riva, CEO, and Laurent Amestoy, Executive VP of R&M Asia-Pacific.

Inaugurating the R&M facility in Bangalore, Martin Reichle, Owner of R&M said, “This acquisition provides R&M with the industrial platform to strengthen its existing structured cabling business in India and addresses new strategic market segments such as Data Center and Fiber-to-the-Home (FTTH) which positively contributed to our growth last year. The growth markets in Asia and the Middle East achieved double-digit growth and now account for more than a quarter of the total turnover. We are extremely optimistic about our future in India.”

Michel Riva, CEO of R&M said, “We are very excited about the benefits of this acquisition. R&M has achieved tremendous growth in India since beginning operations in 2006. This acquisition is a key milestone to further expand our business in India. We can now actively participate in the growing fiber-optic network deployments, Fiber-to-the-Home (FTTH) roll-outs and Data Center projects. I remain confident that our high-quality approach and greater local presence will take us to the next level in India.”

Laurent Amestoy, Executive VP of R&M Asia-Pacific said, “We have been able to grow rapidly in India year on year and with the acquisition of AFS we are looking forward to broaden and strengthen our fiber optic portfolio. AFS has been a certified assembly partner for R&M so it will be a smooth transition in terms of technology implementation. This will be a very important year for R&M’s fiber solutions.”

R&M has been active in India since 2006 and is headquartered in Bangalore, with direct presence in 8 cities across the country. With the integration of the business activity of AFS, the number of R&M employees will now rise to over 60. Globally, R&M has more than 750 employees in over 30 countries.

Tags: , , , , , , ,

Leave your comment

IMPORTANT! To be able to proceed, you need to solve the following simple math

What is 13 + 9 ?
Please leave these two fields as-is:

Mouseworldnow Videos
  • r chandrashekhar president nasscom
  • Anant Maheshwari, President, Microsoft India
  • Suresh_Vaswani-220 by 220

Channel News

  • Cloudera Awards Top APAC Partners at annual Partner Summit more...
  • Rashi Peripherals Bags Indywood IT Excellence Award more...
  • Rashi Peripherals Conducts Multi-City Enterprise Partner Meet more...
  • Second Edition of Annual 4.5G & 5G Innovation Summit concludes on a successful note more...
  • Wydr launches India Wholesale E-Fair more...
Subscribe via email

Enter your email address:

Follow us on Facebook
QUESTION HOUR
What does the mouse ask?

Will the spurt in online video advertisement steal the twinkle from the TV ad platform?

View Results

Loading ... Loading ...
Newsletter Registration