Leoni Acquires Fibre Optics Specialist in North America

Leoni, provider of cables and cable systems to the medical sector and other industries, has acquired the US-based company RoMack Inc. that specialises in optical fibre technology. In doing so, the Nuremberg, Germany cables group continues to pursue its strategy of strengthening its position in niche markets by means of acquisition.

“The Leoni Group has with this acquisition resumed its acquisition activity, which we temporarily suspended because of the economic crisis. Our objective is to expand in fast growing and profitable niche markets,” says Dr Klaus Probst, President and CEO of Leoni AG. “This acquisition of RoMack strengthens us in both regional and technological terms.” The purchase is being executed via Leoni’s subsidiary FiberTech USA Inc., which belongs to the Leoni Fiber Optics unit. It specialises in business involving optical fibre and is focused on medical laser applications.

RoMack was established in 1982 and is based in Williamsburg, Virginia. RoMack is a specialist in fibre optic systems for industry and science, making highly-developed products particularly for the aerospace sector, optical analysis, medical devices and industrial lasers.

Tags: fiber optics, FiberTech USA Inc., Leoni, RoMack