Raycap has announced the acquisition of Apelio Innovative Industries, a manufacturer of telecommunication network accessories and electrical switchgear, to advance the company’s manufacturing and engineering capabilities, Raycap announced on Monday.
“We are very excited about the opportunities this acquisition by Raycap opens up for Apelio. Raycap’s global reach and resources will enhance our existing capabilities, including engineering, product development, sales, and more. This means we can market and deliver enhanced products to a broader customer base and more quickly expand market share in the concealed small cell infrastructure market,” Michael Zelenko of Apelio concluded.
The transaction closed January 31, 2020. With the purchase, Raycap will strengthen its engineering and manufacturing capabilities in the United States and expand its product offering for the small cell 5G telecom market.
Apelio will provide telecommunication shrouds, pole toppers, antenna mounts, ground based telecom cabinets and other highly engineered network components under the terms of the agreement. The company has worked closely with telecom infrastructure providers.
Prior to the acquisition, Apelio has helped design, manufacture and integrate innovative products to address the challenge telecom carriers face for rapid and efficient small cell network deployment in metropolitan areas.
In addition, Raycap has also acquired Stealth Concealment Solutions in July 2018, which provides fully integrated small cell poles and groundbreaking RF and 5G friendly concealments via its patent pending Invisiwave technology.
With the additions of Apelio and Stealth, Raycap will possess a comprehensive set of solutions and products to provide for a variety of infrastructure needs of telecom operators, including macro networks and small cell 4G and 5G networks with fully integrated and concealed poles.
“With Apelio’s technology we will be able to build on the themes Stealth has introduced,” Michael Androutsos, chief financial officer of Raycap. “Raycap will integrate special enclosures and utilize existing infrastructure to accommodate the environment and aesthetics within cities across the globe.”
About Raycap
Raycap is a global manufacturer with sales and operations throughout Europe and North America. The company manufactures surge protection products and connectivity solutions for 4G and 5G telecommunications, energy, transportation markets and other industrial applications.
About Apelio
Apelio was founded in 2014 with a vision to manufacture high quality products, deliver them at lightning fast speed, and provide unparalleled support and customer service to the Telecommunications and Electrical industries.