Amphenol Completes $2 Billion Acquisition of Carlisle Interconnect Technologies
Amphenol Corporation continues its active growth strategy with the $2 billion acquisition of Carlisle Interconnect Technologies (CIT), a division of Carlisle Companies Incorporated. The acquisition strengthens Amphenolโs range of harsh environment interconnect solutions and expands its reach across global markets.
Expanding Expertise in High-Performance Interconnect Solutions
Amphenol will integrate CITโs advanced productsโwire and cable, cable assemblies, connectors, contacts, and sensorsโinto its existing operations. These technologies serve critical sectors such as aerospace, defense, and industrial manufacturing, all of which demand durable, high-quality components.
R. Adam Norwitt, Amphenolโs President and CEO, welcomed the addition of 6,000 new employees to the company. โBringing CIT into Amphenol allows us to provide more comprehensive, cutting-edge solutions for customers tackling complex applications in harsh environments,โ he said.
Building on a Strong Legacy
Carlisle Interconnect Technologies traces its roots back to 1940, when Henry Dudley Minich founded Tensolite in Tarrytown, New York. Starting with just six employees, CIT has grown into a global enterprise with nine U.S. locations, three in Mexico, one in Switzerland, and two in China.
In 2024, CIT expects to generate approximately $900 million in sales with an EBITDA margin near 20%, illustrating a solid financial foundation as it joins Amphenol.
Aligning with Carlisleโs Vision 2030
Chris Koch, Chairman, CEO, and President of Carlisle Companies, said the sale supports Carlisleโs Vision 2030 strategy. โThis transaction moves us closer to becoming a premier, pure-play building products company,โ Koch explained.
Meanwhile, the deal also allows Amphenol to deepen its presence in mission-critical connectivity markets. Regulatory approval is expected later this year, after which the integration process will begin.
Strengthening Amphenolโs Global Growth Strategy
The acquisition of CIT marks another milestone in Amphenolโs ongoing expansion journey. The company continues to grow across new sectors while delivering more innovative solutions to its global customer base.
By bringing CITโs expertise under its umbrella, Amphenol reinforces its position as a leader in advanced interconnect technologyโsupporting customers who operate in demanding and high-performance environments worldwide.
