Carlisle Interconnect Technologies Acquires Rosenberger/Micro-Coax Joint Venture
Acquisition of Joint Venture Provides Expanded Capabilities in the Space Industry
September 15, 2016 (St. Augustine, FL) — Carlisle Interconnect Technologies (CarlisleIT) announced today the acquisition of the joint venture business unit between Rosenberger GmbH and Micro-Coax Inc. Based in Blackburn UK, the Rosenberger/Micro-Coax (RMC) joint venture has been a successful business partnership since 1988. The acquisition of the joint venture business occurs on the heels of CarlisleIT’s acquisition of Micro-Coax in June 2016.
The acquisition of RMC further enhances CarlisleIT’s ability to provide enhanced vertically integrated solutions in the Space industry.
“With this acquisition we are gaining strong internal talent and building upon existing innovative technology to support CarlisleIT’s burgeoning Space business platform,” said John Berlin, President of CarlisleIT.
Since the acquisition of Micro-Coax earlier this year, there have been ongoing discussions regarding the future structure and direction of RMC joint venture. Together, CarlisleIT and Rosenberger have agreed the best way to move forward is to operate independently. Upon the close of the acquisition, RMC employees will be integrated into CarlisleIT, and the Blackburn site will commence trading as Carlisle Interconnect Technologies, Blackburnon January 1, 2017.
Members of the CarlisleIT management team will work with the RMC team in Blackburn in the coming months, facilitating a seamless internal transition and outlining an integration strategy to ensure uninterrupted service to customers.
CarlisleIT plans to contact customers with details of the pending name change in the near future. CarlisleIT would like to thank the customers and employees of RMC for their continued support during this transition period and welcome them to the CarlisleIT family.
About Carlisle Interconnect Technologies
Carlisle Interconnect Technologies (CarlisleIT) is a division ofCarlisle Companies(NASDAQ: CSL), a world-wide, vertically integrated leader in the production of high performance interconnect solutions across industries. CarlisleIT is one of the world’s leading designers and manufacturers of high-performance wire and cable, including optical fiber. Since 1940, CarlisleIT has grown their product portfolio to include specialty and filtered connectors, contacts, cable assemblies, complex harnesses, racks, trays and installation kits. In addition to a vast product breadth, CarlisleIT provides customers a higher level of support by offering engineering and certification services for the commercial aerospace, space, military, industrial, test & measurement, and medical industries. For more information visit www.CarlisleIT.com