Clearfield, Inc. has divested its Finland-based subsidiary Nestor Cables Oy

Introduction

Clearfield, Inc. (NASDAQ: CLFD) , a US-based broadband networks solutions provider, has divested its Finland-based subsidiary Nestor Cables Oy through a management buyout led by certain members of the Nestor Cables management team. For Clearfield, the transaction represents a strategic step that allows the company to sharpen its focus on its core North American operations.

About Clearfield, Inc.

Clearfield, headquartered in Minneapolis, designs, manufactures and distributes fiber optic management, protection, and delivery products for communication networks. Through its “fiber to anywhere” platform, the company enables service providers, including carriers, MSO/cable TV companies, utilities & municipalities, data centers, and military markets to deploy and scale fiber networks efficiently and cost-effectively.

The Oaklins team was not only the professional local resource we needed but was also creative in their approach. They were a trusted partner throughout the process. Cheri Beranek, CEO Clearfield, Inc.

About Nestor Cables Oy

Nestor Cables is a Finnish manufacturer of high-quality fiber optic and copper cable solutions, headquartered in Oulu. The company provides a comprehensive range of cables, microduct systems, and connectivity accessories designed for demanding installation environments. With strong Finnish production standards and an international customer base across Europe and beyond, Nestor Cables is a trusted partner in building reliable telecommunications networks.

We are proud to have advised Nasdaq-listed Clearfield on the divestiture of its Finnish subsidiary Nestor Cables. We greatly appreciate the professionalism and collaboration of Clearfield’s leadership team, which were instrumental in achieving a successful outcome. Henri Rosenberg, Associate Director Oaklins Finland