The acquisition expands LEMO’s product offering, providing a complete cable-connector solution to its customers.
“The acquisition of Northwire will enlarge the LEMO offering, providing a complete cable-connector solution to our valued customers,” said Alexandre Pesci, CEO and president, LEMO Group. “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.”
Pesci added that Northwire and LEMO’s existing structures will remain unaltered.
“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,” said Katina Kravik, CEO of Northwire. “LEMO’s field-proven custom connectors revolutionize NWI’s suite of offerings that evolved in our past 43 years, originating from wire, cable, retractiles, and 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.”
LEMO and NWI will focus on joint value creation for the benefit of all their valued customers, while continuing to maintain the high standards of quality and service that the customers expect.
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