Announced
Financials
Tags
harsh environment interconnect solutions
aerospace and defense
Pending
Machinery: Specialty
United States
industrial equipment
Acquisition
Private
Friendly
Single Bidder
Domestic
Majority
Synopsis
Amphenol, a global provider of high-technology interconnect, antenna and sensor solutions, agreed to acquire Carlisle Interconnect Technologies, the harsh environment interconnect solutions business of Carlisle Companies, an American diversified company, for $2bn. "We are excited to welcome CIT’s approximately 6k talented employees to the Amphenol family. CIT’s highly engineered harsh environment interconnect solutions will allow us to deliver a more comprehensive technology solution for the increasingly complex applications of our customers in harsh environment markets. We look forward to benefiting from this enhanced position with these important customers in the commercial air, defense and industrial markets long into the future. In addition, we are excited by the possibilities created through the combination of Amphenol’s strong operating discipline and CIT’s advanced capabilities. We look forward to working together with CIT’s experienced management team to drive superior operating performance for the business as part of Amphenol," R. Adam Norwitt, Amphenol President and CEO.
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