Winchester Electronics makes acquisitions
May 15, 2007 -- In separate transactions, Winchester Electronics has acquired the assets of Advanced Interconnect and Kings Electronics.
May 15, 2007 -- Winchester Electronics Corp. (Wallingford, CT) announced that it has acquired the assets of Advanced Interconnect, Inc. (Franklin, MA) and Kings Electronics Co., Inc. (Rock Hill, SC). Terms of the transactions were not disclosed.
"This is a significant step forward for Winchester Electronics," comments Michael Driscoll, President and CEO of Winchester. "With the Advanced Interconnect and Kings Electronics businesses as part of the Winchester platform, our annual sales will exceed $100 million. The acquisitions will take Winchester into new markets and expand our technological capabilities."
The Advanced Interconnect business, formerly part of Molex Inc., produces fiber-optic and copper-based interconnect solutions, including value-added modules for OEMs in the computer, high data rate networking, data storage, telecommunications, and medical sectors of the electronics industry.
Kings Electronics, founded in 1947, is a manufacturer of RF connectors for the commercial and military aviation, broadcasting, telecommunications, industrial, and government markets. "We are pleased to become a part of Winchester Electronics," stated Robert Dock, President of Kings Electronics. "Winchester's strong technical and manufacturing capabilities will provided value-added support for our customers," he added.
Winchester Electronics specializes in the design and manufacture of electronic connectors and interconnect platforms. In addition to its headquarters in Wallingford, the company maintains a global manufacturing and engineering network, and operates manufacturing facilities in Wallingford, CT; Nogales, Mexico; Suzhou, China; and Penang, Malaysia.