Molex to Acquire Smiths Interconnect

Molex, a global electronics connectivity innovator, has agreed to acquire Smiths Interconnect, a Smiths Group subsidiary offering high-reliability connectivity products.

Molex said Thursday the move aims to expand its presence in the aerospace, defense, medical, semiconductor testing, and industrial markets. The transaction involves cash consideration, subject to customary adjustments for working capital, cash and debt. Pending regulatory review and customary closing conditions, it is expected to be finalized in the first half of 2026.

What Molex Gains From Smiths Interconnect Acquisition?

Smiths Interconnect develops advanced electronic components and microwave, optical and radio frequency products and subsystems, used to connect, protect, and control critical applications. Through the planned acquisition, Molex will add Smith Interconnect’s global network of 21 sales, research, development and manufacturing facilities across 12 countries, including the U.S., Canada, Mexico, Costa Rica, France, Germany, Italy, the UK, Tunisia, India, China and Singapore.

Remarks From Molex CEO

“Smiths Interconnect has a highly complementary portfolio of advantaged solutions that strongly enhances the platform established by our acquisition of AirBorn last November,” said Joe Nelligan, CEO of Molex. “The combination of Molex’s global scale, capabilities and financial stability with Smiths Interconnect’s complementary technologies, products, customers and footprint will enable us to expand our aerospace and defense business and support customers in new and innovative ways,” Nelligan added.

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