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Molex announces acquisition of Phillips-Medisize corporation

Source: Molex
27 October, 2016
1 min read
Phillips-Medisize will operate as an indirect subsidiary of Molex, LLC. Financial terms of the transaction were not disclosed. Phillips-Medisize focuses on medical solutions that include drug delivery, mobile and portable medical devices, and pharmaceutical packaging

October 26, 2016 – Molex, a global manufacturer of complete interconnect solutions, has completed its previously announced acquisition of Phillips-Medisize Corporation, a portfolio company of the San Francisco, CA -based private equity investment firm, Golden Gate Capital. Phillips-Medisize will operate as an indirect subsidiary of Molex, LLC. Financial terms of the transaction were not disclosed.

Hudson, Wisconsin-based Phillips-Medisize is a global outsource provider with a focus on medical solutions that include drug delivery, mobile and portable medical devices, and primary pharmaceutical packaging and diagnostic products, including disposable insulin pens, glucose meters, inhalation drug delivery devices, single use surgical devices and consumable diagnostic components.

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