HMS Networks has completed the acquisition of Molex Industrial Communications Business
Globenewswire·2026-01-02 17:34
Group 1 - HMS Networks AB has signed an agreement to acquire part of Molex's Industrial Solutions Business, which includes several strategic assets [1] - The acquisition has been completed and will be consolidated into HMS starting January 2, 2026 [1] - HMS Networks is a leading provider of Industrial Information and Communication Technology solutions, employing over 1,100 people globally [2] Group 2 - HMS reported sales of SEK 3,059 million in 2024 and is listed on NASDAQ OMX in Stockholm within the Large Cap segment and Telecommunications sector [2] - The company operates through over 20 sales offices worldwide and has a broad network of distributors and partners [2]