#United States #Aerospace Defense #Lisle #Molex #Smiths Interconnect

Molex to Enhance Aerospace and Defense Sector through Acquisition of Smiths Interconnect

On October 16, 2025, Molex, a prominent name in global electronics connectivity, announced a significant agreement to acquire Smiths Interconnect, a renowned subsidiary of the UK-based Smiths Group plc. This transaction is set to strengthen Molex's footprint in the burgeoning aerospace and defense markets, which are valued at $5 billion, while also extending into semiconductor testing, industrial applications, and medical solutions.

Strengthening Market Position

Molex aims to augment its existing capabilities with this acquisition. Joe Nelligan, the CEO of Molex, expressed enthusiasm about reinforcing their commitment in the aerospace and defense landscape. He emphasized that Smiths Interconnect provides a complementary portfolio that will enhance Molex's strategic initiatives following its earlier acquisition of AirBorn.

By merging its extensive resources and financial stability with the innovative technologies of Smiths, Molex believes it can expand its service offerings for customers in novel ways. This integration will focus on delivering tailored solutions that meet the dynamic needs of industries like aerospace, defense, and healthcare.

Smiths Interconnect’s Unique Offerings

Smiths Interconnect specializes in crafting high-reliability connectivity products that play a vital role in mission-critical applications. Their product lineup includes electronic components, as well as microwave, optical, and radio frequency systems designed to ensure the safety and effectiveness of critical operations across various sectors. The company operates across various countries, boasting 21 locations dedicated to sales, research, development, and manufacturing. Their global presence spans markets including the United States, Canada, Mexico, and several European nations.

The breadth of Smiths Interconnect's expertise and its established reputation in delivering reliable electronic solutions make it an ideal fit for Molex’s portfolio.

Future Prospects and Closure Timeline

The acquisition is anticipated to finalize in the first half of 2026, contingent on necessary regulatory clearances and customary closing conditions. Molex will disclose further updates as the transaction progresses. Legal counsel for this acquisition is being provided by Jones Day, while Rothschild & Co serves as the exclusive financial advisor.

About Molex

Molex, which operates as part of Koch Industries, is committed to technological advancement and global connectivity. With a presence in over 38 countries, the company has positioned itself as a leader across various sectors including consumer devices, industrial automation, aerospace, and healthcare. Molex is dedicated to realizing innovative solutions that push the boundaries of technological possibilities, striving to create life-enhancing connectivity.

Conclusion

As Molex embarks on this acquisition journey, the merger with Smiths Interconnect symbolizes a strategic move to enhance its service capabilities and maintain its leadership in the aerospace and defense markets. By integrating robust technological innovations and engineering prowess, Molex is poised to offer groundbreaking solutions that satisfy the ever-evolving demands of its diverse clientele.