UK $10 Billion Industrial Engineering Company Smiths Group to Sell Smiths Interconnect to Molex Electronic Technologies for $1.7 Billion (£1.3 Billion), Smiths Interconnect Provides Components to Aerospace & Defence Sector
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UK $10 Billion Industrial Engineering Company Smiths Group to Sell Smiths Interconnect to Molex Electronic Technologies for $1.7 Billion (£1.3 Billion), Smiths Interconnect Provides Components to Aerospace & Defence Sector
20th October | Hong Kong
UK industrial engineering company Smiths Group ($10 billion market value) has announced to sell Smiths Interconnect to Molex Electronic Technologies for $1.7 billion (£1.3 billion).Smiths Interconnect provides components to the aerospace & defence sector.Smiths Group – For over 170 years, we have been pioneers of progress, engineering a better future. Our strategy is to be a focused, efficient and value creating industrial engineering company operating in the attractive and growing market segments of energy, industrials and construction.We focus on solving the toughest problems for our customers, helping address critical global needs such as decarbonisation and the ever-increasing demand for process and energy efficiency. Listed on the London Stock Exchange, we employ c.16,000 colleagues in over 50 countries.Molex Electronic Technologies – Molex is a global electronics leader committed to making the world a better, more-connected place. With a presence in more than 38 countries, Molex enables transformative technology innovation in the consumer device, aerospace and defense, data center, cloud, telecommunications, transportation, industrial automation and healthcare industries. Through trusted customer and industry relationships, unrivaled engineering expertise, and product quality and reliability, Molex realizes the infinite potential of Creating Connections for Life.
“ UK $10 Billion Industrial Engineering Company Smiths Group to Sell Smiths Interconnect to Molex Electronic Technologies for $1.7 Billion (£1.3 Billion), Smiths Interconnect Provides Components to Aerospace & Defence Sector “
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UK $10 Billion Industrial Engineering Company Smiths Group to Sell Smiths Interconnect to Molex Electronic Technologies for $1.7 Billion (£1.3 Billion), Smiths Interconnect Provides Components to Aerospace & Defence Sector
London, United Kingdom
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