Greene, Tweed Acquires Lancer Systems’ Fiber Optics Product Portfolio
9.5.2019 00:01:00 EEST | Business Wire | Press release
Greene, Tweed, a leading global manufacturer of electrical connectors and high-performance sealing, composite, and engineered thermoplastic solutions, has acquired Lancer Systems’ product portfolio of fiber optic solutions and related intellectual property.
During the past year, Greene, Tweed’s Energy business has distributed Lancer’s fiber optic products to the oil & gas industry. This acquisition includes all of Lancer Systems’ fiber optic technology and enables Greene, Tweed to provide solutions for data transmission requirements in the oil & gas and defense industries.
Lancer fiber optic connector products are specified by leading oil & gas service companies for use in wellhead outlets and are 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 is capable of withstanding operating pressures of 25,000 psi and temperatures up to 175°C (347°F).
“The Lancer fiber optic connector product line complements our market-leading Seal-Connect® electrical connector portfolio,” said Brent Regan, Vice President and General Manager of Greene, Tweed Energy. “It allows Greene, Tweed to offer complete electrical and data solutions for a variety of applications that operate under extreme conditions, and provides the platform for rapid product development to serve the ever-increasing need for real-time data in our markets.”
About Greene, Tweed
Greene, Tweed is a leading global manufacturer of high-performance thermoplastics, composites, seals, electrical connectors, and engineered components. Combining more than 150 years of technical expertise and commercial knowledge in a variety of markets, Greene, Tweed collaborates with customers to develop engineered solutions that meet challenging performance requirements and reduce total cost of ownership.
Greene, Tweed products are sold and distributed worldwide. For additional information, call +1.281.765.4500, or visit our website at http://www.gtweed.com.
About Lancer Systems
Lancer Systems creates value solutions for challenging and harsh environment applications using composite and ceramic technologies. With engineering and manufacturing capabilities that span across our advanced weapons & components and composites business areas, Lancer delivers innovative solutions trusted by customers in the defense, aerospace, natural gas, and oil industries. For additional information, contact Lancer at 610.973.2600, or visit their website at http://www.lancer-systems.com.
To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.
View source version on businesswire.com: https://www.businesswire.com/news/home/20190508005794/en/
Contact information
Garry MacDonald
Product Manager, Energy
+1.281.765.4522
gmacdonald@gtweed.com
About Business Wire
For more than 50 years, Business Wire has been the global leader in press release distribution and regulatory disclosure.
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
Lone Star Agrees to Acquire Central London Office Building26.2.2026 09:51:00 EET | Press release
Lone Star Funds (“Lone Star”) today announced that an affiliate of Lone Star Real Estate Fund VII, L.P. has reached an agreement to acquire 90 Whitfield Street in London, UK from Derwent London. The property, located in central London’s West End sub-market of Fitzrovia, is comprised of 107,000 total square-feet with 99,000 square-feet dedicated to fully developed office space and a retail space on the ground floor of 8,000 square-feet. The building offers highly desirable styling including floor-to-ceiling glazing and generous heights, flexible floor plates, a recently refurbished reception space and large central atrium, and the property’s top floor includes its own privately accessed 900 square-foot rooftop terrace. The asset is also located on an attractive corner position that affronts Tottenham Court Road, one of London’s principal thoroughfares, and is within walking distance of six separate tube stations providing access from across the greater metropolitan area. “We have strong
INNIO signs Definitive Agreement to Acquire Enerflex APAC Operations, Expanding Service Capabilities in the Asia-Pacific Region26.2.2026 08:34:00 EET | Press release
INNIO Group, a leading energy solution and service provider, today announced it has signed a definitive agreement with Enerflex Ltd. (TSX: EFX) (NYSE: EFXT) to acquire their aftermarket business operations in Australia, Thailand and Indonesia. The transaction advances INNIO’s strategy to strengthen its presence in the Asia-Pacific (APAC) region and enhance customer proximity. The transaction is subject to customary closing conditions and regulatory approvals. Closing is expected during the second half of 2026. The Enerflex APAC aftermarket business operates principally in three countries and eight locations. The company offers extensive workshop and office space, as well as a strong installed base. This base is supported by long-term service agreements with major oil and gas companies. Dr. Dennis Schulze, CFO of INNIO Group, commented: “By integrating Enerflex’s expertise in the APAC region, we strengthen our service portfolio, deliver greater customer value, and accelerate growth in A
Allianz Achieves Record Operating Profit of 17.4 Billion Euros – Excellent Start to New Strategic Cycle26.2.2026 08:16:00 EET | Press release
12M 2025 This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260225107874/en/ Oliver Bäte, Chief Executive Officer of Allianz SE Excellent momentum and record operating profitTotal business volume rises 8.11 percent and reaches 186.9 billion euros with contributions from all segments Operating profit increases 8.4 percent to 17.4 billion euros, our highest operating profit ever Shareholders’ core net income advances 10.9 percent to 11.1 billion euros Core earnings per share (EPS) grow 12.5 percent and reach 28.61 euros Core return on equity (RoE) reaches an excellent level of 18.1 percent Solvency IIratio2 increases 10 percentage points to 218 percent supported by excellent capital generation 4Q 2025 Diversified growth and double-digit increase in shareholders’ core net incomeTotal business volume rises 6.5 1 percent with contributions from all segments Operating profit increases 3.0 percent to 4.3 billion euros, driven by excell
Tigo Energy Showcases Real-time Active Commissioning Software at KEY 2026 Expo26.2.2026 07:00:00 EET | Press release
Tigo Energy, Inc. (NASDAQ: TYGO) (“Tigo,” “Company”), a leading provider of intelligent solar and energy software solutions, today announced the Company’s presence as an exhibitor at the 2026 KEY – The Energy Transition Expo in Rimini, Italy, where Tigo will preview the new active commissioning software. From basic solar-only installations to advanced solar-plus-storage configurations, the system supports installers throughout the entire jobsite workflow via the Tigo EI App, delivering on-site guidance, real-time progress visibility, and clear verification of every required step to help reduce delays, truck rolls, and commissioning uncertainty. At KEY 2026, Tigo will also showcase the latest expansions to the Installer Loyalty Program, including new eligibility tiers and segments, enhanced data support for installers, and upgraded co-branding opportunities. As Italy prepares for a new phase of structural growth in its solar market, with an estimated 6 to 8 GW of new capacity additions
Indra Group Exceeds All Its Guidances in 2025 and Sets Even More Ambitious Guidances for 2026 Than Those Set Out in Its 'Leading the Future' Strategic Plan26.2.2026 00:08:00 EET | Press release
Indra Group (MAD:IDR): • The fourth-quarter order intake in 2025 totaled €8.329 billion, raising thefull-year backlog to €16.083 billion (122% more than in 2024). The Defence backlog stood at €11.336 billion, far exceeding the target of more than €10 billion set for 2026. • Revenues increased by 13% in 2025 with respect to 2024, with double-digit year-on-year rises in Defence, ATM and Mobility Revenues recorded a 28% year-on-year rise in the final quarter of the year • EBITDA and EBIT recorded respective 17% and 18% year-on-year increases, while Indra Group’s profitability improved by half a percentage point, with the EBIT margin standing at 9.5% in 2025. The EBIT margin in the fourth quarter stood at 10.8%. • The net result totaled €436 M, a figure 57% higher than in 2024, while the cashgeneration (FCF) stood at €364 in 2025, set against €328 M in 2024. • R&D and innovation investment reached €472 million in fiscal year 2025. • The company sets itself financial guidances for 2026 that
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom
