08:35 AM EDT, 08/18/2025 (MT Newswires) -- Amphenol ( APH ) announced Monday it will acquire Trexon for about $1 billion in cash, pending regulatory approvals and closing conditions.

Trexon, based in Boston with operations in the US and UK, is expected to generate sales of $290 million with EBITDA margins of 26% this year, the company said.

The acquisition, to be funded with cash on hand, is slated to close in Q4 and will be part of Amphenol's ( APH ) Harsh Environment Solutions segment, Amphenol ( APH ) said.

The company also said the deal should be accretive to earnings in the first year after closing.