# TFKable Group receives approval for JDR Cable Systems acquisition

TFKable Group has received regulatory approval for its acquisition of JDR Cable Systems, a supplier of subsea umbilicals and power cables. Completion is expected within a week.

- Type: Acquisition
- Announced: 2017-08-24
- Where: United Kingdom
- Status: announced
- Products: subsea umbilicals, power cables
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [JDR Cable Systems](https://endata.com/companies/9358.md) (target)
- [TFKable Group](https://endata.com/companies/26502.md) (acquirer)

## Sources

- [oedigital.com](https://www.oedigital.com/news/445734-tfkable-gains-approval-for-jdr-takeover), 2017-08-24: "The acquisition by TFKable Group is the desired next step in the evolution of JDR to be owned by and to join a large industrial trade player."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.