Daetwyler Cables strengthens engineering expertise
31 March 2009. The Daetwyler Group is reinforcing its Cables Division. Daetwyler Cables is acquiring the engineering business of Naefels-based SymbioTec Inc. (Switzerland) on 1 April 2009. The acquisition of this fast growing start-up company covers the customer base, customer contracts and key personnel. Daetwyler Cables will benefit from its broad expertise in highly specialised consulting, engineering and other services focused on data networks (structured building cabling and fibre-to-the-home). This acquisition will strengthen Daetwyler Cables' position as a supplier of complete solutions for electrical building infrastructure.
In addition to premium cabling solutions and the existing services, Daetwyler Cables can now offer services such as site audits, company-wide standardisation and roll-outs or layer 1 out-tasking (service desk), thus enabling large organisations to considerably reduce costs. The company has specialised in applications for computer centres, office buildings, shopping centres, sports stadiums, exhibition grounds, government buildings, universities, hotels, hospitals, airports, tunnels and fibre-to-the-home solutions.
Daetwyler Group (www.daetwyler.ch)
The Daetwyler Group is an international multi-niche player dedicated to supplying and distributing engineering and electronic components to industry. In its activities, the Group focuses on attractive markets and niches that offer opportunities to increase value added and sustain profitable growth. Daetwyler's four divisions - Cables, Rubber, Pharmaceutical Packaging and Technical Components - are focused on the manufacturing, pharmaceutical and datacom industries. With more than 50 operating companies, sales in over 100 countries and some 4,700 employees, Daetwyler generates approximately CHF 1,300 million in revenue. The Group has been listed on the main board of the SIX Swiss Exchange since 1986 (security number 3048677).
Daetwyler Cables, Markus Grüter, Head of Market Region 1, tel. +41-41-875 12 20
SymbioTec Inc., Hanspeter Tinner, CEO, tel. +41-79-261 67 11
Datwyler (UK) Limited, Paul Cattell, Managing Director, tel. +44-2380 279 999
Daetwyler Cables international: see www.daetwyler-cables.com