Molex has signed an agreement to purchase AirBorn, an employee-owned company headquartered in Georgetown, TX, specializing in the design and manufacturing of rugged connectors and electronic components for global OEMs serving the aerospace, defense, commercial air, space exploration, medical and industrial markets.
Molex’ CEO, Joe Nelligan, said: “The acquisition of AirBorn brings strong capabilities to Molex in the aerospace and defense market. Combining Molex’s engineering breadth and manufacturing scale with AirBorn’s expertise in ruggedized, mission-critical products will enable us to better serve the evolving needs of our customers in this fast-growing global market.”
AirBorn’s president and CEO, Michael Cole, added: “AirBorn will serve as the platform for Molex’s aerospace and defense business, which is a powerful opportunity for our highly specialized team. By uniting AirBorn’s unique expertise in the aerospace and defense market with Molex’s global scale, capabilities and financial stability, we will ensure long-term success in a rapidly expanding category.”