Molex, a world-renowned connector and electronic solutions' provider, announced that it will acquire AirBorn, a Texas-based company, to enhance its capabilities in aerospace connector technology.
AirBorn is an aerospace connector manufacturer with a history of more than 60 years, specializing in the design and manufacture of rugged connectors and electronic components for original equipment manufacturers (Oems) worldwide serving the aerospace and defense, commercial aviation, space exploration, medical and industrial markets. The company has nine manufacturing facilities worldwide, including one in Edenbridge, Kent, United Kingdom, as well as seven facilities in the United States and one in Canada.
Joe Nelligan, CEO of Molex, said: "With the acquisition of AirBorn, Molex's strength in the aerospace and defense market will be significantly enhanced. "By combining Molex's engineering breadth and manufacturing scale with AirBorn's expertise in rugged, mission-critical products, we will be able to more effectively meet the evolving needs of our customers in this rapidly growing global market."
Michael Cole, President and Chief Executive Officer of AirBorn, said: "Becoming part of Molex's Aerospace and defense business provides an excellent opportunity for our highly specialized team. Combining AirBorn's unique expertise in the aerospace and defense market with Molex's global scale, capabilities and financial stability will ensure our long-term success in this rapidly expanding segment."
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