Berater-News

Lincoln International: Rochester Cable, a company of TE Connectivity, has agreed to be sold to Hexatronic

Rochester Cable
Headquartered in Culpeper, Virginia, Rochester Cable, a company of TE Connectivity, is a leading manufacturer of armored electro-optical cables, wire and wireline utilized in harsh environments. Rochester’s highly engineered solutions are often specified to customer requirements in demanding applications such as subsea communication, military and defense, oceanographic, oil and gas exploration, remotely operated vehicles and sensing.

Over its more than 225 year brand history, Rochester has continuously evolved its solutions offering to its current focus on armored electro-optical cables that provide strength and transmit power, control signals and data. Rochester’s “working cables” are specifically designed and engineered to move, twist and elongate in harsh environments. The company operates a 400,000 square foot manufacturing campus in Culpeper, Virginia that is strategically located near key customers.

The Deal
Lincoln International, through its global reach, facilitated a targeted sale process. The potential acquisition expands Hexatronic’s product offering within fiber optic submarine communication cables to include dynamic working cables that transmit electric signals and power in addition to transmitting optical signals. The acquisition also broadens Hexatronic’s application expertise and North American operating footprint. Hexatronic has signed a binding asset purchase agreement and completion of the transaction is subject to regulatory approval.

TE Connectivity
TE (NYSE:TEL) is a global industrial technology leader creating a safer, sustainable, productive and connected future. TE’s broad range of connectivity and sensor solutions, proven in the harshest environments, enable advancements in transportation, industrial applications, medical technology, energy, data communications and the home. TE has more than 85,000 employees, including more than 8,000 engineers, working alongside customers in approximately 140 countries to ensure that “every connection counts.” For more information, please visit www.te.com

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