Molex to acquire AirBorn

Molex has signed an agreement to acquire AirBorn, Inc., an employee-owned company headquartered in Georgetown, Texas, specialising in the design and manufacturing of rugged connectors and electronic components for global OEMs) serving the aerospace and defence markets.

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The acquisition is expected to close by early December 2024, subject to regulatory approvals and other customary closing conditions. The details of the purchase price have not been disclosed..