LEMO, a Swiss global leader in the design and manufacture of precision custom connectors, is pleased to announce that they have acquired Northwire Inc., (NWI) a US specialty cable manufacturer of wire and multi-conductor cable and retractiles for the medical, aerospace and defense, energy, and industrial markets.
“The acquisition of Northwire will enlarge the LEMO offering, providing a complete cable-connector solution to our valued customers. I am convinced that by creating synergy between our two companies, we can grow and prosper side-by-side. Together we will be able to provide our customers high quality complete cable-connector solutions. I am very pleased about this new venture with NWI and look forward to developing new business together.” said Alexandre Pesci, CEO and president, LEMO Group.
LEMO and NWI were founded on product innovation three generations ago. Today, both solution providers consistently deliver progressive inventions through rapid response manufacturing. At the same time, they offer unparalleled levels of service excellence and on-time shipping performance. Engineer and inventor, Léon Mouttet started LEMO in 1946, then patented the Push-Pull Self Latching mechanism. Throughout the second generation of leadership, Marcello Pesci, who envisioned the alignment of his organization with a custom cable manufacturer, committed to the goal of creating best-in-class technology on a global scale. Currently, LEMO’s third generation of leadership, Alexandre Pesci is the architect of his predecessors’ vision; he is responsible for pioneering new technology, market diversification and integrating custom connectors and cable solutions on a global platform.
“LEMO has achieved a worldwide reputation for high-quality, leading-edge connectors and we are truly proud to become an integral part of their team. LEMO’s field-proven custom connectors revolutionize NWI’s suite of offerings that evolved in our past 43 years, originating from wire, cable, retractiles, value-add to cable assemblies. Equally focused on satisfying our customers, LEMO and NWI look forward to acquiring new customers and serving our loyal customers’ needs for engineered solutions and service excellence well into the future”, expresses Katina Kravik, CEO of Northwire Inc.
LEMO and NWI will focus on joint value creation for the benefit of all their valued customers, while continuing to maintain their high standards of quality and service that the customer expects.