Posted to News on 5th Dec 2024, 11:00
Molex completes AirBorn acquisition for mission-critical interconnect applications
Molex has completed its acquisition of AirBorn, a global manufacturer of rugged and highly reliable connectors and electronic components designed for mission-critical applications across aerospace and defence, commercial air, space exploration, medical and industrial markets.
AirBorn brings an expansive product portfolio and proven aerospace and defence solutions to Molex, which is known for its deep electronics industry knowledge, value-added engineering expertise and worldwide manufacturing footprint.
"Molex is excited to complete this important acquisition, which enables us to expand into the aerospace and defence market while extending our capabilities across space exploration and other key sectors," said Joe Nelligan, CEO, Molex.
"As we begin to integrate AirBorn's people, products and processes within Molex, we will focus on supporting the needs of our customers, distributors and partners through collaboration and strategic investment in innovation and technology, shaping the future of the aerospace and defence category."
AirBorn's portfolio of military-grade connectors, cables and electronic assemblies will form the foundation of Molex's new Aerospace and Defence Division. AirBorn's CEO, Michael Cole, will lead this new Division while working closely with Molex's integration team and global leadership team to align priorities, empower employees and create recurring customer value.
"The combination of Molex's organisational scale and financial stability with AirBorn's purpose-built products and unmatched customer experiences will enable us to solve the most complex rugged connectivity challenges," said Michael Cole. "Together we can reinforce our role as trusted advisors serving the unique requirements of aerospace and defence customers and accelerate investments in the business that will drive growth and competitive advantage."
The combined organisation will total more than 50,000 employees and 85 plants located in 20 countries. The collective product portfolio will benefit from Molex's robust global distribution network, which plays a pivotal role in driving regional and global demand generation, sales and inventory support.
