Announced
Completed
Financials
Sources
Tags
fiber optic assemblies
Acquisition
Disposal
fibre optics
Majority
Friendly
Single Bidder
Completed
Domestic
United States
Electronic Components and Equipment
Private
Synopsis
Molex, a manufacturer of electronic, electrical and fibre optic connectivity systems, completed the acquisition of Fiberguide Industries, an electronic manufacturing company, from Halma, a British global group of safety equipment companies, for $38m. "We are pleased to have found a new home for Fiberguide. Molex, as a manufacturer of fibre optic connectivity systems, has the infrastructure in place to support Fiberguide's future development. We are confident that this will help Fiberguide better serve its customers, employees and suppliers while enabling Halma to continue to invest in high growth businesses that are closely aligned with our purpose. We'd like to thank the Fiberguide leadership team and all of its employees for their contribution to the Group and wish them well for the future," Andrew Williams, Halma CEO.
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