Molex Inc., a global electronic components company, today announced that it has received all required merger control clearances with respect to its previously announced merger agreement to be acquired by Koch Industries, Inc., one of the world’s largest and most successful private companies. The parties now expect the transaction to close on or about December 9, 2013, following the satisfaction of customary closing conditions.
Molex Incorporated is a 75-year-old global manufacturer of electronic, electrical and fiber optic interconnection systems. Based in Lisle, Illinois, Molex operates 45 manufacturing locations in 17 countries and employs more than 35,000 people globally. Molex offers approximately 100,000 products through direct salespeople and authorized distributors. Markets that Molex serves include mobile devices, infotech, consumer electronics, automotive, telecommunications, industrial, medical, military and aerospace. Sales for the fiscal year ended June 30, 2013 were $3.6 billion. Over 70% of Molex’s revenues come from products sold outside the United States. The Molex website is www.molex.com.