Arxis enters deal to buy Omnetics Connector for about $890 million in stock

PUBT·06/02/2026 11:01:53

Listen to the news

Arxis agreed to buy Omnetics Connector in an all-stock deal, valuing the combined Omnetics and MagCanica purchases at about $890 million.
Price equates to about 12x FY27 estimated adjusted EBITDA for the two acquisitions combined.
Omnetics makes high-reliability Micro-D-Sub and Nano-D-Sub connectors used in defense, space, aerospace, and medical applications.
Deal expected to close in Q3 2026; Omnetics to sit in the Electronic Components segment.
MagCanica, bought June 1 in an all-cash deal, makes non-contact torque sensors; it will also operate in Electronic Components.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Arxis Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: NY73400) on June 02, 2026, and is solely responsible for the information contained therein.

FAQ

Fee Schedule Open Account Deposit & Withdrawal Trading

Terms & Conditions

Client Agreement Privacy Policy Data Disclaimer Security Tips

About Webull

About us Webull Promotions Contact information Announcements

Contact Number :+852 3852 8500

Monday 7:00 AM - Saturday 9:00 AM (HKT)

Service Email :service@webull.hk

Online Support: Monday - Friday: 9:00 - 16:00; 22:30 - 5:00 (HKT)

Business Cooperation :marketinghk@webull.hk

Risk Disclosure: The content of this page is not an investment advice and does not constitute any offer or solicitation to offer or recommendation of any investment product. It is for general purposes only and does not take into account your individual needs, investment objectives and specific financial circumstances. All investments involve risk and the past performance of securities, or financial products does not guarantee future results or returns. Keep in mind that while diversification may help spread risk it does not assure a profit, or protect against loss, in a down market. There is always the potential of losing money when you invest in securities, or other financial products. Investors should consider their investment objectives and risks carefully before investing. For more details, please refer to risk disclosure.
Webull Securities Limited is licensed with the Securities and Futures Commission of Hong Kong (CE No. BNG700) for carrying out Type 1 License for Dealing in Securities, Type 2 License for Dealing in Futures Contracts and Type 4 License for Advising on Securities.

Language

English