Arxis Announces Acquisitions of Omnetics Connector Corporation and MagCanica Inc.
Arxis announced definitive agreements to acquire Omnetics Connector Corporation and MagCanica Inc. for a combined purchase price of approximately $890 million. The Omnetics deal is structured as an all-stock transaction expected to close in Q3 2026, while the MagCanica acquisition was completed in an all-cash deal on June 1, 2026.
Key figures
- Deal Value Usd
- 890000000
- Omnetics multiple
- 12x FY27 estimated adjusted EBITDA
- Magcanica close date
- June 1, 2026
- Omnetics expected close
- Q3 2026
- Omnetics transaction type
- all-stock
- Magcanica transaction type
- all-cash
AI analysis
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