Announced
Financials
Tags
Acquisition
Private
Electronic Equipment: Other
Domestic
automatic transfer switches
Friendly
equipment wiring supplies
wire harness
United States
Majority
Completed
Single Bidder
Private Equity
Synopsis
Cerberus Capital-backed Electrical Components International, supplier of wire harnesses, electrical components, and sub-assemblies, completed the acquisition of Omni Connection International, a manufacturer of wire harnesses and connection systems. Financial terms were not disclosed. “With its leading electrical architecture solutions and strong engineering capabilities, the company has established longstanding relationships with tier one automotive suppliers. By bringing together ECI’s and Omni’s complementary platforms, we will be able to capture significant growth opportunities in this strategic end market," Michael Balsei, ECI CEO.
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