Volex Group acquires DE-KA
Commenting on the acquisition, Nat Rothschild, Executive Chairman of Volex said, "DE-KA is a world-class business, and one of the two leading power cord producers in Europe.This, combined with its strong management team and impressive customer list, means it is a perfect fit with our existing business and accelerates our strategy of creating the most efficient and lowest cost global producer in the industry, providing an immediate and scalable European platform. I am delighted for our shareholders that we are completing the acquisition and look forward to working alongside the DE-KA team on the next exciting stage of Volex's development.
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