Amphenol to Acquire High-Reliability PCB Maker AdvancedPCB
APH sits 39% above its 52-week low of $59.005.
Summary
Amphenol signed a definitive agreement to buy AdvancedPCB Holdings, a Colorado-based maker of high-reliability printed circuit boards for defense, aerospace and industrial customers, from private equity firm Industrial Growth Partners. Terms were not disclosed. AdvancedPCB runs six U.S. facilities and was founded in 1977; IGP acquired it in October 2021 and grew it through add-on acquisitions. The deal needs U.S. regulatory approval and customary closing conditions. For a company of Amphenol's size this is a bolt-on that deepens its defense-electronics interconnect exposure rather than a thesis-changer, and the undisclosed price limits how much can be read into it.
At the time of this announcement, APH was trading at $82.09 on NYSE in the Technology sector, with a market capitalization of approximately $192.9B. The 52-week trading range was $59.01 to $89.93. This news item was assessed with neutral market sentiment and an importance score of 7 out of 10. Source: PR Newswire.