Clearfield to acquire Nestor Cables for ~$23M; plans Mexico fiber production in 2023

Clearfield, Inc.

Total acquisition value approx. US$23M; ~$17M cash at close from credit facility.
Nestor generated EUR 31.7M revenue in 2021; serves customers in 50+ countries.
Clearfield plans to begin fiber optic cable production in Mexico by early 2023.
Deal expected to close in a few months, subject to Finnish foreign acquisition screening.
Accretive to Clearfield earnings; Nestor to operate as subsidiary.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.