Directors Deals 

Volex in acquisitive mood

Volex in acquisitive mood

A month ago, Volex (VLX) demonstrated that it remains in an expansive mood when it confirmed its intention to buy Ireland-based cable harness supplier Silcotec Europe for up to €18.1m (£15.9m). The purchase came within a few weeks of a deal to acquire US peer MC Electronics via an all-share arrangement, which expanded Volex’s product offering in medical and industrial cables, wire harnesses and electro-mechanical assemblies.

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