German fiber and cable maker Leoni reveals it purchased all the shares of fiber maker j-fiber GmbH at the end of last year. Leoni had acquired 51 percent of j-fiber, located in Jena, in 2007.
Terms of the deal were not disclosed.
j-fiber will operate as part of Leoni’s Business Unit Fiber Optics. In addition to glass fiber, j-fiber also manufacture preforms and quartz glass materials for telecommunication and data communication applications and special industrial uses. The new assets will complement the Business Unit Fiber Optics’ activities as a supplier of special optical fibers for industrial applications, sensor technology and analytics, science, telecommunication, and laser medicine.
“The product and service portfolios of the two enterprises perfectly complement each other. Together we will further pursue our strategy to provide sustainable solutions to our customer’s problems using innovative technologies,” says Andreas Weinert, vice president of the BU Fiber Optics.
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