Molex to Acquire Vectura Group From Philip Morris International (PMI)

Molex Completes Acquisition of Smiths Interconnect

October 16, 2025

IT Services

Molex has completed the acquisition of Smiths Interconnect, a subsidiary of Smiths Group plc, expanding Molex’s portfolio of high-reliability connectivity solutions. The deal adds ruggedized custom connectors, RF components, optical transceivers, and semiconductor test capabilities, strengthening Molex’s reach across aerospace and defense, medical, and AI-driven infrastructure use cases.

Jabil Acquires Pharmaceutics International (Pii)

February 6, 2025

Pharmaceuticals

Jabil has acquired Pharmaceutics International (Pii), a Hunt Valley, Maryland-based contract development and manufacturing organization (CDMO) that provides aseptic filling, lyophilization and oral solid dose manufacturing. The all-cash transaction represents an exit for a consortium led by Signet Healthcare Partners, Athyrium Capital Management, Hildred Capital and Pharmascience Inc., and brings Pii’s ~300+ employees and four-site campus into Jabil’s Pharmaceutical Solutions offering to expand its drug development and manufacturing capabilities.

Philip Morris International to Acquire Vectura Group

July 9, 2021

Healthcare Services

Philip Morris International (PMI) announced it has agreed to an all-cash, recommended offer to acquire Vectura Group plc for an enterprise value of GBP 852 million (approximately USD 1.2 billion). The deal is expected to close in the second half of 2021, subject to shareholder and regulatory approvals.

Philip Morris International Acquires Fertin Pharma from EQT Private Equity

July 1, 2021

Pharmaceuticals

Philip Morris International has agreed to acquire Fertin Pharma, a Denmark-headquartered specialist CDMO in oral and intra-oral delivery technologies, from EQT Private Equity for a headline enterprise value of DKK 5.1 billion. Fertin Pharma — which operates sites in Denmark, Canada and India and employs more than 860 people — will strengthen PMI's smoke-free and beyond-nicotine product capabilities; the transaction is subject to customary approvals.

H.I.G. Capital Acquires BioVectra Inc.

November 4, 2019

Pharmaceuticals

H.I.G. Capital, through an affiliate, completed the acquisition of BioVectra Inc., a Canadian contract development and manufacturing organization (CDMO) specializing in active pharmaceutical ingredients (APIs), intermediates and biologics. The deal — a carve-out from Mallinckrodt — positions H.I.G. to support BioVectra's growth and further expand its manufacturing capabilities across Charlottetown, Prince Edward Island and Windsor, Nova Scotia.

Volex PLC Acquires MC Electronics LLC

June 4, 2018

Manufacturing

Volex PLC acquired MC Electronics LLC from Nova Capital Management, completing a deal announced in April 2018 and reported in June 2018. MC Electronics, based in Hollister, California with manufacturing in Juarez, Mexico, is a contract manufacturer of custom cables, wire harnesses and electromechanical assemblies for the medical equipment industry; Volex said the acquisition expands its cable assembly capabilities and customer relationships.