Polish TFKable aquires JDR Cables

Both companies have been working together in the past / TFKable is planning to maintain JDR’s operations in current locations

Official Press Release TFKable:

Tele-Fonica Kable to aquire JDR

JDR Cable Systems (Holdings) Ltd., a leading supplier of subsea umbilicals and power cables to the offshore energy industry, today announces that it is to be acquired by TELE-FONIKA Kable (“TFKable”). The transaction is subject to regulatory approval.

TFKable is a leading global producer of wires and cables. Both companies have a long history of collaboration, with TFKable being JDR’s important business partner providing water blocked power cores for its cable and umbilical systems. JDR’s highly technical subsea systems, used in the global offshore oil, gas and renewable industries, allow its customers to power and control their offshore operations, and will enhance the range of cable solutions TFKable can provide to its customers. Monika Cupia?-Zgryzek,... ... More: Official Press Release TFKable