Delphi To Acquire Electrical Connector Manufacturer.(Delphi Automotive Systems buys Specialty Electronics Inc.)(Brief Article)

Delphi Automotive Systems said it intends to purchase Specialty Electronics Inc., for $21.8 million. Specialty is a provider of electronic connector products and customized interconnect solutions to the automotive, telecom, computer, industrial electronics and medical markets.

When complete, the acquisition will expand Delphi's reach into new markets for connectors and connection systems and strengthen its position as the leading supplier of automotive connection systems, Delphi said.

Specialty's capabilities and interconnect technologies will be integrated into the recently established Delphi Connection Systems business, the company said. "Adding Specialty's flexible manufacturing expertise, engineering capabilities and established customer relationships to Delphi's extensive product portfolio, global manufacturing and long-standing connection system experience adds impetus to our rapid growth strategy for connection system business," said Kevin Heigel, business line executive, Delphi Connection Systems.

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