Announced
Financials
Sources
Tags
cable harnesses
Electronic Equipment: Other
Majority
Pending
wire and cables
Friendly
Private
Single Bidder
Mexico
Acquisition
wire harnesses
Canada
Cross Border
Synopsis
Volex, an integrated manufacturing specialist for performance-critical applications and power products, agreed to acquire the wire and cable harnesses providers Prodamex SA de CV and Terminal & Cable TC for $18m. "The acquisitions of Prodamex and TC further expand our geographic coverage and technical capabilities in North America. Each of these businesses represent a compelling acquisition in markets that offer us growth opportunities," Nat Rothschild, Volex Executive Chairman.
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