Delphi Automotive PLC (NYSE: DLPH) has acquired the HellermannTyton Group PLC, a leading global manufacturer of high-performance and innovative cable management solutions, the company announced today. The transaction is valued at £1.07 billion on a cash and debt-free basis. Delphi expects the transaction to be 15 cents accretive to earnings per share starting in 2016, excluding one-time expenses for integration.
“This transaction strengthens Delphi’s leadership position in the automotive electrical architecture market, while also providing growth opportunities in HellermannTyton’s adjacent industrial end markets,” said Kevin Clark, Delphi president and chief executive officer. “The combined capabilities will allow Delphi to further capitalize on future growth trends while creating significant value for our customers and shareholders.”
About Delphi
Delphi Automotive PLC (NYSE: DLPH) is a leading global technology company for automotive and commercial vehicle markets delivering solutions that help make vehicles safe, green and connected. Headquartered in Gillingham, U.K., Delphi operates technical centers, manufacturing sites and customer support services in 33 countries. Visit delphi.com.
By eliminating the need for finance professionals to choose between Excel and external AI tools,…
Vicor high-density power modules enable 60 second defrosting time using 20x less energy Traditional approaches…
Solution stacks deliver broadcast-quality video, SLVS-EC to CoaXPress bridging and ultra-low power operation for next-generation…
New Module Integrates All-Band GNSS with 3Signal Modernization and Innovative Positioning Algorithms Mouser Electronics, Inc.,…
Abstract – Plasma antennas are used for transmission and reception. They have capabilities of getting…
SST’s innovative ESF4 delivers full auto grade 1 performance and reliability for automotive controllers on…