Molex acquires Smiths Interconnect
Client(s) Molex LLC
Jones Day is advising Molex, a leading global electronics connectivity innovator, in its acquisition of Smiths Interconnect, a subsidiary of United Kingdom-based Smiths Group plc, a leading provider of high-reliability connectivity products and solutions serving the aerospace and defense, medical, semiconductor test and industrial markets.
Smiths will receive cash consideration for the transaction, subject to customary adjustments for working capital, cash and debt.