Analysis

LEMO has acquired Northwire

16th July 2014
Siobhan O'Gorman
0

LEMO has announced that is has acquired Northwire. LEMO designs and manufactures custom connection solutions for medical, industrial control, test and measurement, audio-video and telecommunications applications. While Northwire designs and manufactures retractile cables and assemblies for energy, life sciences, aerospace, defence, government and industrial applications.

"The acquisition of Northwire will enlarge the LEMO offering, providing a complete cable-connector solution to our valued customers. I am convinced that by creating synergy between our two companies, we can grow and prosper side-by-side. Together we will be able to provide our customers high-quality complete cable-connector solutions. I am very pleased about this new venture with NWI and look forward to developing new business together. I also take the opportunity to emphasise that the Northwire and LEMO existing structures will remain unaltered. The additional processes that we plan to implement will enable Northwire’s integration into the Group and promote our cooperation and services provided to our mutual customers”, said Alexandre Pesci, CEO and President, LEMO.

“LEMO has achieved a world-wide reputation for high-quality, leading-edge connectors and we are truly proud to become an integral part of their team. LEMO’s field-proven custom connectors revolutionise NWI’s suite of offerings that evolved in our past 43 years, originating from wire, cable, retractiles, value-add to cable assemblies. Equally focused on satisfying our customers, LEMO and NWI look forward to acquiring new customers and serving our loyal customers’ needs for engineered solutions and service excellence well into the future”, expresses Katina Kravik, CEO, Northwire.

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