Connection Technology Molex Acquires British Company Smiths Interconnect

From Kristin Rinortner | Translated by AI 1 min Reading Time

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Molex has signed an agreement to acquire Smiths Interconnect. The acquisition is expected to be completed in the first half of 2026, subject to regulatory approvals.

(Image: Smiths Interconnect)
(Image: Smiths Interconnect)

Molex aims to expand its Aerospace and Defense division with the acquisition of Smiths Interconnect. The transaction will be conducted via cash payment, subject to customary adjustments for working capital, cash, and debt.

Smiths Interconnect, a subsidiary of the British Smiths Group plc, is one of the leading providers of high-reliability connector solutions with applications in the fields of industry, aerospace, defense, medical, and semiconductor testing.

"Molex is pleased to strengthen its commitment to the Aerospace and Defense sector with the acquisition of Smiths Interconnect," said Joe Nelligan, CEO of Molex. "Smiths Interconnect has a highly complementary portfolio of solutions that significantly enhances the platform created through our acquisition of AirBorn in November of last year."

Smiths Interconnect develops and manufactures electronic components as well as microwave, optical, and high-frequency products and subsystems that connect, protect, and control critical applications. The company operates 21 sales, research and development, and production facilities across 12 countries, including the United States, Canada, Mexico, Costa Rica, France, Germany, Italy, the United Kingdom, Tunisia, India, China, and Singapore. (kr)

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