Optical Fibre Companys' Prosperous Acquisition
Lancashire based Company Optical Fibres (UK) Ltd has just concluded talks with the growing Cumbrian Company Optech Fibres Ltd to complete the acquisition of its operations and services on a national scale. Optical Fibres (UK) have come to the table with a history of works including installation work for the BBC Television Centre, Delta rail and HBOS. While Optech Fibres customer base include BAe Systems, Scottish Power, Morecambe Bay NHS Trust and the giant US based corporation Ametek SCP with whom they manufacture cables for the Astute Class Submarine program in Barrow. Optech’s diverse projects range for the installation of the infrastructure at the 2007 British Golf Open Championship in Carnoustie to a fibre optic network at an Ambassadors residence in Saudi Arabia.
Optical Fibres (UK) Managing Director Lance Jobson says “Optical Fibres (UK) had been investigating ways of restructuring their UK operation to keep pace with both the market and customer requirements. The venture with Optech Fibres is a crucial element in its restructure. Optech Fibres have grown from strength to strength over the last 15 years to a work force exceeding 40 engineers and is seen as a UK leader in the IT industry. With the increasing demand for skilled engineers it is also envisaged that more job opportunities will be generated by this move.”
Jamie Frankland Managing Director of Optech Fibres added “the continued success and growth of our partnership with Ametek SCP and the doors this has opened in the Oil and Gas industry, together with our continuous presence at MOD sites such as Clyde Submarine Base and RAF Cottesmore, has seen our requirement for fulltime engineering resources grow, the acquisition of Optical Fibres (UK) was seen as the right move with its bespoke engineering skills and existing national coverage. Together as one, we will be able to continue to service all our clients as a true ‘Single Source Supplier’ with in house IT Support, Electrical, design and commissioning teams. We look forward to Lance joining the team as Director of our Optical Services Division.”
Optical Fibres (UK) will cease trading from the end of September from which time all works will be completed under the Optech Fibres Ltd banner, it is proposed to maintain all three offices in Barrow, Morecambe and Kent.
