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2Connect acquires Components Express inc.

2Connect acquires Components Express Inc., a leading US-based manufacturer of specialty high speed cable assemblies used in the Machine Vision and Automation IIOT / Industry 4.0 environment as well as enclosures and mounting hardware to support Industrial cameras.

The acquisition marks a significant step in 2Connect’s US market strategy, where we believe that the increased scale and local operations will allow us to better serve our customers in North America. CEI moreover is a leading brand in the machine vision segment and has successfully expanded into the industrial automation segment. We are strongly convinced that we can better serve both markets as a group.

2Connect attaches great importance to the strong familial culture that has made CEI what it is today, and which is a strong match with 2Connect’s own DNA. As such, the Company will continue to operate with a high degree of autonomy, while benefitting from being part of a global group.

Mark van den Heuvel, CEO 2Connect: “At 2Connect we’re very excited that CEI is joining our platform. CEI makes for a compelling strategic fit, allowing us to significantly accelerate our US market strategy, while entering the attractive machine vision end market. CEI’s local development, assembly, overmolding and testing capabilities will allow us to serve both existing and new customers in the US. There is moreover a great cultural fit between the companies and we look forward to working with the CEI team to continue their successful growth trajectory, while translating the 2Connect success story to North America.”