Volex, the specialist integrated manufacturer of critical power and data transmission products, announces that it has agreed to acquire the entire issued share capital of Murat Ticaret Kablo Sanayi A.Ş. (“Murat Ticaret”), a leading manufacturer of complex wire harnesses headquartered in Turkey.
The Acquisition is expected to complete in two to three months, subject to approval by the Turkish and Macedonian competition authorities.
Established in 1969 and headquartered in Gebze, Turkey, Murat Ticaret is a wiring harness company operating in 3 continents and serving customers in over 26 countries. Murat Ticaret produces electrical wiring harnesses, battery cables and serves as a supplier to original equipment manufacturers in the markets of public transportation, construction, agriculture, material handling, utility vehicles, passenger cars and commercial vehicles. In addition to manufacturing services, it delivers value added services such as engineering and design. Customers include four of the five largest agricultural equipment manufacturers in the world, the largest lift truck manufacturer in Europe and the largest bus builder in Turkey.
Click website link here to learn more about Murat Ticaret.
