Amphenol Corporation to Complete Acquisition of Lutze
During the second quarter 2024, Amphenol announced they had signed a definitive agreement to acquire Lutze, a leading provider of harsh environment cable and cable assembly solutions for high-technology applications in the industrial market.
The acquisition includes two businesses: Lutze US, based in North Carolina, and Lutze Europe, based in Germany. In May, they closed on Lutze US, which has annual sales of approximately $75 million, and we expect to close on Lutze Europe, which has annual sales of approximately $100 million, by the end of the third quarter of 2024.
The Lutze businesses are reported in their Harsh Environment Solutions segment.