Announced
Completed
Financials
Tags
Single Bidder
Cross Border
Friendly
Majority
Acquisition
Semiconductors
Private
United States
electro-optical cables
Completed
Synopsis
Hexatronic, a provider of non-stop connectivity solutions, completed the acquisition of Rochester Cable, a designer and manufacturer of cables for harsh environments, from TE Connectivity, a technology company, for $55m. “We are happy to have reached an agreement with TE Connectivity to acquire the business activities of Rochester Cable. Rochester Cable is uniquely positioned with its know-how and application expertise, which has been developed as a market leader for decades. The highly skilled team has developed a truly differentiated offering and long-term partnerships with its customers. Hexatronic has been a supplier of fiber optic submarine communication cables since the 1990s. Combining the know-how, geographical footprint, and product portfolio of Rochester Cable in the US and Hexatronic submarine business in Sweden provides exciting opportunities for the future,” Henrik Larsson Lyon, Hexatronic Group CEO.
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