LEMO Inks Deal for Northwire Inc.

LEMO, a Switzerland-based designer and manufacturer of precision custom connectors, has acquired Osceola, Wis.-based Northwire Inc., a specialty cable manufacturer of wire and multi-conductor cable and retractile cords and cables for the medical, aerospace and defense, energy and industrial markets.

Terms of the deal were not disclosed.

“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. I also take the opportunity to emphasize that the Northwire and LEMO existing structures will remain unaltered. The additional processes that we plan to implement will enable Northwire’s integration into the group and promote our cooperation and services provided to our mutual customers”, said Alexandre Pesci, CEO and president, LEMO Group.

LEMO, a family-owned company, focused on the design and manufacture of precision custom connection solutions since its creation in 1946. Inventor of the Push-Pull self-latching mechanism, LEMO’s connectors are found in a variety of challenging application environments including medical, industrial control, test and measurement, audio-video and telecommunications.

“LEMO has achieved a world-wide 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, retractile [cords], 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,” said Katina Kravik, CEO of Northwire Inc.

Founded in 1972, Northwire Technical Cable is a privately held company. In addition to Osceola, the company has a second facility in Santa Teresa, N.M. The company, primarily supplying U.S. customers, markets, designs and manufactures technical and retractile cable and assemblies for diverse applications including energy, life sciences, aerospace and defense, government, industrial, machine vision, architectural lighting and underwater.