Heilind acquires German distributor MPS GroupStaff writer ▼ | April 27, 2015
Heilind Electronics, a distributor of interconnect products, has acquired MPS Group, a distributor of electronic components and manufacturer of cable assemblies for the European Mil-Aero Marketplace.
Acquisition Heilind is expanding in Germany
The MPS Group has more than 35 years experience with high-quality electronic components and special tools distribution.
"MPS group brings over 35 years of distribution experience to Heilind and more than 25 years of expertise in wiring and cabling systems assembly."
The privately held MPS Group comprises three companies: MPS-T (Terminal) serving the industrial marketplace, MPS-E (Electronic) serving the Mil-Aero marketplace, and MPS-K (cable) a contract cable assembler also serving the Mil-Aero marketplace.
It is headquartered in Feldkirchen-Westerham, Germany, just outside of Munich.
"We are excited to be joining forces with Heilind Electronics, one of the most respected organizations in the industry," said Lorenz Huber, Managing director of MPS-T.
"Heilind's position as a worldwide leader in components distribution and its top notch inventory and supply chain solutions will help us grow our business with existing customers and make us more competitive in acquiring new ones," added Marcus Seitz, Managing Director of MPS-E and MPS-K.
Founded in 1974, Heilind Electronics is one of the world's leading distributors of connectors, relays, switches, thermal management and circuit protection products, terminal blocks, wire and cable, wiring accessories, and insulation and identification products.
Heilind has locations throughout the U.S., Canada, Mexico, Brazil, Singapore, Hong Kong, China and Germany.
Founded in 1978, the MPS Group has more than 35 years experience with high-quality electronic components and special tools distribution with over 25 years of know-how in cable assemblies.
MPS Group serves the industrial and Mil-Aero marketplaces and is headquartered in Feldkirchen-Westerham,Germany, just outside of Munich. ■