Fibercore, Ltd., a Southampton, UK-based global designer and manufacturer of specialty optical fibers, has been acquired by funds advised by H.I.G. European Capital Partners LLP from Cisco.
H.I.G. Europe will support the company’s management to undertake its growth plans to increase both its geographic penetration and expansion into other related and developing markets.
Founded in 1982 and led by CEO Chris Emslie, Fibercore provides a wide range of specialty optical fiber products to customers globally within the aerospace, defence and telecommunications industries.
The company’s products are critical to the navigation and stabilization systems used on platforms as diverse as long-haul airliners, business jets, helicopters, satellites and space exploration vehicles developed for companies and government agencies in Europe, America and Japan.
Fibercore’s blue chip customer base includes global multinationals across the US, Europe and Asia.