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Trexon’s Industrial Products Group has been acquired by Amphenol Corporation

Amphenol Corporation has completed the acquisition of the Industrial Products Group (IPG) of Trexon, a divestiture that includes the brand portfolios of TPC Wire & Cable, Pittsburgh Wire and Cable and MilRail.

A press release said that the elements will become part of the Amphenol Harsh Environment Solutions Division, joining several other existing industrial businesses. “I’m very excited to welcome TPC Wire & Cable (Trexon’s Industrial Products Group) to the Amphenol family,” said Division President Luc Walter. “TPC’s unique capabilities extend Amphenol’s harsh environment interconnect capabilities by adding highly engineered raw cable and value-add cable assemblies for the high technology and harsh environment industrial markets. Collectively, Amphenol and TPC provide a broader solution offering to our customers in these markets.”

Trexon, a portfolio company of Audax Private Equity, was formed in 2021. It included two divisions, one being IPG, the other for engineered products. TPC’s IPG division will operate as a standalone business unit within Amphenol under the new name of Amphenol TPC Wire & Cable. By leveraging the complementary capabilities of the existing organization, Amphenol TPC will accelerate/ enhance the value of critical industrial applications in the market. It will retain its current headquarters. Walter noted that the entire executive team of TPC will remain with the company.

“TPC’s unique capabilities extend Amphenol’s harsh environment interconnect capabilities by adding highly engineered raw cable and value-add cable assemblies for the high technology and harsh environment industrial markets,” Walter said. “Collectively, Amphenol and TPC provide a broader solution offering to our customers in these markets.”

Pittsburgh Wire & Cable, Inc., established in 1992, is a stocking distributor of industrial and commercial wire, cable and accessories. MilRail is a U.S./Canadian specialty distributor for wire and cable, electrical components, cable management, wire harnesses, and cable assemblies serving the rail.

The acquisition follows Amphenol’s agreement to acquire the Carlisle Interconnect Technologies (CIT) business of Carlisle Companies. Other recent acquisitions include PCTEL, a global provider of wireless technology solutions, including purpose-built Industrial IoT devices, antenna systems, and test and measurement products; and Airmar Technology Corporation, a supplier of ultrasonic sensors and sensor systems for marine and other industrial applications.

Read 982 times Last modified on March 7, 2024

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