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M&A Deal Summary

Molex Acquires Smiths Interconnect

On October 16, 2025, Molex acquired communications company Smiths Interconnect from Smiths Group

Acquisition Highlights
  • This is Molex’s 1st transaction in the Communications sector.
  • This is Molex’s 15th transaction in the United States.

M&A Deal Summary
Date 2025-10-16
Target Smiths Interconnect
Sector Communications
Buyer(s) Molex
Sellers(s) Smiths Group
Deal Type Divestiture

Target

Smiths Interconnect

London, United States
Smiths Interconnect is a technically differentiated electronic components and sub-systems provider of signal, power, and microwave solutions. Smiths Interconnect is based in London, England.

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Buyer(S) 1

Buyer

Molex

Lisle, Illinois, United States
Category Company
Founded 1938
Sector Electrical Equipment
Employees35,983
Revenue 3.6B USD (2013)
DESCRIPTION
Molex's corporate headquarters in Lisle, Illinois.
Molex's corporate headquarters in Lisle, Illinois.

Molex Incorporated is a global manufacturer of electronic, electrical and fiber optic interconnection systems. Molex operates 45 manufacturing locations in 17 countries and employs more than 36,000 people globally.

DEAL STATS #
Overall 21 of 21
Sector: Communications M&A 1 of 1
Type: Divestiture M&A Deals 5 of 5
Country: United States M&A 15 of 15
Year: 2025 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-11-14 AirBorn

Georgetown, Texas, United States

AirBorn specializes in the design and manufacturing of rugged connectors and electronic components for global Original Equipment Manufacturers (OEMs) serving the aerospace and defense, commercial air, space exploration, medical and industrial markets. AirBorn was founded in 1958 and is based in Georgetown, Texas.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-11-17 Molex s Industrial Communications Business

Lisle, Illinois, United States

Molex's Industrial Communications Business offers reliable and secure network infrastructure in harsh industrial environments that enables dependable transmission of data from the field to the control level, supports multiple fieldbus communication protocols, and enables greater automation through the integration of protocols with devices.

Sell -

Seller(S) 1

SELLER

Smiths Group

London, United Kingdom
Category Company
Founded 1851
Sector Diversified
Employees15,750
Revenue 3.1B GBP (2024)
DESCRIPTION

Smiths Group is a provider of practical applications of advanced technologies. Smiths Group was founded in 1851 and is based in London, United Kingdom.

DEAL STATS #
Overall 8 of 8
Sector: Communications M&A 1 of 1
Type: Divestiture M&A Deals 8 of 8
Country: United States M&A 4 of 4
Year: 2025 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-08 Smiths Medical

London, Minnesota, United States

Smiths Medical is a supplier of specialized medical devices and equipment for global markets, focusing on the medication delivery, vital care, and safety devices market segments. Smiths Medical is based in London.

Sell $2.7B
Mergr

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