.
MergerLinks Header Logo

Announced

Infinite Electronics to acquire Cable Connectivity Group from Torqx Capital and TKH Group.

Financials

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

Tags

Edit

Netherlands

Private

Single Bidder

Electrical Components

Acquisition

Private Equity

specialty cables

Majority

Friendly

Pending

Cross Border

Synopsis

Edit

Infinite Electronics, a supplier of electronic components, agreed to acquire Cable Connectivity Group, a specialty cables and cable connectivity solutions producer, from Torqx Capital, an investment firm, and TKH Group, a technology company. Financial terms were not disclosed. "CCG's product portfolio, culture and talented team are an excellent complement to Infinite Electronics. We are very excited to welcome CCG and the team to Infinite Electronics and our portfolio of high-performing brands. This acquisition will provide us the unique opportunity to expand our business in both the European and North American markets, and offer significant possibilities to grow together," Penny Cotner, Infinite Electronics President and CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US