Sterlite Tech to acquire European Specialised Optical Cable Manufacturer to expand global presence

Pune, India – July 06, 2018: Sterlite Tech [BSE: 532374, NSE: STRTECH], an end-to-end global technology leader in smarter digital networks, today announced the signing of definitive agreements for acquisition of a European specialised optical cable manufacturer based in Italy.Sterlite Tech, through its wholly owned Italian subsidiary Sterlite Technologies S.p.A, will acquire 100% stake in Metallurgica Bresciana S.p.A (Metallurgica). Metallurgica designs and manufactures special precision optical fibre cables and specialised copper cables for various communication… Source: RealWire http://www.realwire.com/releases/Sterlite-Tech-to-acquire-European-Specialised-Optical-Cable-Manufacturer