Molex Acquires Smiths Interconnect
Molex Inc. has acquired Smiths Interconnect Americas Inc. Photo courtesy Smiths IGroup plc
LISLE, IL—Molex Inc. has acquired Smiths Interconnect, a company that provides cable harnesses, connectors, test equipment and other devices for the aerospace and defense sector, as well as the medical device and semiconductor industries. It is a subsidiary of Smiths Group plc, which plans to focus on its John Crane and Flex-Tek divisions.
Smiths Interconnect designs and manufactures electronic components, along with microwave, optical and radio frequency products and subsystems that connect, protect and control critical applications.
“[We are] excited to reinforce our commitment to the aerospace and defense market with the acquisition of Smiths Interconnect,” says Joe Nelligan, CEO of Molex, a subsidiary of Koch Industries. “Smiths Interconnect has a highly complementary portfolio of advantaged solutions that strongly enhances the platform established by our acquisition of AirBorn last November.
“The combination of Molex’s global scale, capabilities and financial stability with Smiths Interconnect’s complementary technologies, products, customers and footprint will enable us to expand our aerospace and defense business, and support customers in new and innovative ways,” claims Nelligan.
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