Industry Press Releases

Gretway acquires Lancer Systems' fiber portfolio

Monday, May 13, 2019

Greene, Tweed, the world's leading manufacturer of electrical connectors and high performance seals, composites and engineered thermoplastic solutions ) has acquired Lancer Systems' fiber optic solution portfolio and related intellectual property rights.

In the past year, Gretel's Energy Division has begun distributing Lancer's fiber products to the oil and gas industry. The acquisition includes all of Lancer Systems' fiber technology and allows Grevet to provide solutions that meet the data transmission requirements of the oil and gas and defense industries.

Lancer fiber optic connector products are specified at the wellhead outlet by leading oil and gas service companies and are also used in other critical applications such as rotary joints in wind turbines. The acquisition includes Lancer's Fiber Optic Extreme ® , an optical connection system that withstands 25,000 pounds per square inch of operating pressure and temperatures up to 175 ° C (347 ° F).

Brent Regan, Vice President and General Manager of Great Energy, said: "The Lancer Fiber Connector product line strengthens our market-leading Seal-Connect ® electrical connector portfolio. It enables Grevet to be in extreme conditions. A variety of applications run under the hood to provide complete electrical and data solutions, while providing a rapid product development platform to meet the growing market demand for real-time data."

About Grevet

Greene, Tweed is the world's leading manufacturer of high performance thermoplastics, composites, seals, electrical connectors and engineered parts. With more than 150 years of technical expertise and business knowledge in a variety of markets, Grevet has partnered with customers to develop engineering solutions to meet challenging performance requirements and lower total cost of ownership.

Grevet's products are sold and distributed worldwide. For more information, please call +1.281.765.4500 or visit the company's website at http://www.gtweed.com .

About Lancer Systems

Lancer Systems uses composite materials and ceramic technology to create valuable solutions for challenging, harsh environmental applications. Leveraging our engineering and manufacturing capabilities across the advanced weapons and parts and composites business, Lancer offers innovative solutions trusted by customers in the defense, aerospace, gas and petroleum industries. For additional information, please contact Lancer at 610.973.2600 or visit http://www.lancer-systems.com .

Disclaimer: The original version of this announcement is an officially licensed version. The translation is for your convenience only. Please refer to the original text. The original version is the only legally valid version.

Contacts
Contact:

Garry MacDonald
Energy Product Manager
+1.281.765.4522
gmacdonald@gtweed.com

 

Source: businesswire.com

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