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New Deal


Announced

Completed

Molex completed the acquisition of Fiberguide Industries from Halma for $38m.

Financials

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Transaction Value£28m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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fiber optic assemblies

Acquisition

Disposal

fibre optics

Majority

Friendly

Single Bidder

Completed

Domestic

United States

Electronic Components and Equipment

Private

Synopsis

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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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