LISLE, Ill., 14 Sept. 2013. Molex Inc., a global electronics components company, has completed the acquisition of FCT Electronics Group, designer and manufacturer of custom mixed-layout connectors and cable assemblies in Munich, Germany.
Officials expect the acquisition to expand the presence of Molex solutions in the global aerospace, medical electronics, industrial, and telecom industries.
“Molex has a reputation in our industry as a preeminent, blue chip manufacturer of the highest-quality interconnect products,” says Dan Schreck, FCT Electronics Group president, U.S. “Combining Molex resources and FCT’s unique position in several exciting, emerging markets will benefit our customers and our employees.”
“FCT Electronics Group is a great fit for Molex because it builds on our ability to provide customized connector and cable assembly solutions to a broader range of customers,” says Tim Ruff, Molex senior vice president of business development and corporate strategy. “FCT is well known for its technology and service as well as the depth and breadth of its product offerings. Their excellent team of talented, experienced professionals has a long history of success, with deep customer relationships across diverse markets.”
