2Connect to acquire Components Express.

2Connect, a producer of customized interconnects for mission-critical applications, agreed to acquire Components Express, a US-based manufacturer of specialty high-speed cable assemblies used in the Machine Vision and Automation IIOT / Industry 4.0 environment as well as enclosures and mounting hardware to support Industrial cameras. Financial terms were not disclosed. “At 2Connect we’re very excited that CEI is joining our platform. CEI makes for a compelling strategic fit, allowing us to significantly accelerate our US market strategy, while entering the attractive machine vision end market. CEI’s local development, assembly, overmolding and testing capabilities will allow us to serve both existing and new customers in the US. There is moreover a great cultural fit between the companies and we look forward to working with the CEI team to continue their successful growth trajectory, while translating the 2Connect success story to North America," Mark van den Heuvel, 2Connect CEO.