Arxis Closes Dual Acquisition: Omnetics Connector and MagCanica
June 4, 2026
Arxis (backed by Arcline) expanded through closing the combination of two acquisitions: Omnetics Connector Corporation and MagCanica Inc., for a combined purchase price of approximately $890 million. Omnetics was acquired in an all-stock transaction, while MagCanica was acquired for cash, and both businesses were integrated into Arxis’ Electronic Components segment.
- Targets
- Omnetics Connector Corporation, MagCanica Inc.
- Industry
- Industrial Services
- Location
- United States
- Transaction Type
- Buyout
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