Hexatronic Group Aquires Iftac

On December 19, 2016, Iftac was acquired by Hexatronic Group. As part of the aquisition Karin Nygård-Skalman will continue in her role as the CEO of Iftac.

"With Hexatronic as our owner, I see great opportunities to significantly grow the business both in Sweden and internationally. The strong underlying growth in fiber optic transmission systems creates strong demand and a need for trained installers, planners and project managers, a demand that the market has a difficult time meeting", says Karin Nygård-Skalman, CEO of Iftac.