Announced
Completed
Financials
Sources
Tags
Turkey
wiring harness
Auto Parts
Acquisition
Majority
Private
Cross Border
Friendly
Single Bidder
Completed
Synopsis
Volex, an integrated manufacturer of critical power and data transmission products, completed the acquisition of Murat Ticaret Kablo Sanayi, a wiring harness manufacturer. Financial terms were not disclosed. "Volex's strategic acquisition of Murat Ticaret provides immediate entry to a new growth market, with established operations supporting the attractive off-highway sector across three continents and eight manufacturing sites. Murat Ticaret's offerings seamlessly complement Volex's capabilities across geographies, fostering synergies as well as providing access to a diverse customer base including significant global brands in the agricultural, commercial, construction and industrial end markets," Nat Rothschild, Volex Chairman.
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