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Molex expands medtech footprint with purchase of Phillips-Medisize

Molex expands medtech footprint with purchase of Phillips-Medisize

Written By : aasaatnia
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Molex expands medtech footprint with purchase of Phillips-Medisize

Phillips-Medisize Corp. (Hudson, WI), a contract manufacturer for the medical technology industry, announced today that it has entered into a binding agreement to be acquired by Molex LLC (Lisle, IL), a global manufacturer of complete interconnect solutions. Phillips-Medisize has been a portfolio company of private equity investment firm Golden Gate Capital (San Francisco, CA) since May 2014.

Molex designs and manufactures electronic, electrical and fiber optic systems. As one of the world’s largest interconnect companies, Molex employs more than 40,000 people in more than 40 countries.
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