Amphenol said it completed the acquisition of the Carlisle Interconnect Technologies (CIT) business from Carlisle Companies Incorporated on May 21, 2024. The deal was carried out under the Stock Purchase Agreement dated January 30, 2024.

1. 01

   Amphenol said it completed the acquisition of the Carlisle Interconnect Technologies (CIT) business from Carlisle Companies Incorporated on May 21, 2024. The deal was carried out under the Stock Purchase Agreement dated January 30, 2024.

2. 02

   The company said the CIT acquisition strengthens its highly engineered harsh environment interconnect solutions lineup and lets it offer customers in the commercial air, defense and industrial markets a more comprehensive technology offering.

3. 03

   Amphenol said it expects CIT's full-year 2024 sales to be about $900 million and its adjusted EBITDA margin to be about 20%, as previously announced.

4. 04

   The company said it expects the CIT business to add about $0.02 to 2024 earnings per share, excluding acquisition-related expenses. Once the 2-for-1 stock split takes effect, it said, this would equal about $0.01 per share.

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Original filing

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