Amphenol Corporation has announced a definitive agreement to acquire Trexon for approximately $1 billion in cash. Trexon, a leading provider of high-reliability interconnect and cable assemblies primarily for the defense market, is anticipated to enhance Amphenol's offerings in this sector. The acquisition is expected to close in the fourth quarter of 2025, pending regulatory approvals and customary closing conditions. Amphenol plans to finance the transaction with cash on hand and expects the acquisition to positively impact its earnings per share within the first year following the closing.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.