Announced
Synopsis
HUBER+SUHNER, a Switzerland-based company that manufactures and distributes electrical and optical connectivity systems and components, agreed to acquire Phoenix Dynamics, a manufacturer and designer of electronic cables. Financial terms were not disclosed. “Phoenix Dynamics is a highly valuable addition to HUBER+SUHNER. Their strategic focus on complete solutions in our aerospace and defense growth markets will enable us, after integration, to offer existing customers in this subsegment end-to-end solutions based on all connectivity technologies," Urs Ryffel, HUBER+SUHNER CEO.
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