At what enterprise value was SMITHS INTERCONNECT acquired in 2025?

During the acquisition of SMITHS INTERCONNECT by MOLEX ELECTRONIC TECHNOLOGIES in 2025, the company was valued at an estimated revenue multiple of below 5x. The transaction's Enterprise Value is estimated to be in the range of 1b - 4b GBP. By registering for free, you get access to complete and exact transaction details including enterprise value, revenue, and EBITDA. Additionally, our database shows that the Industry & Manufacturing industry currently tracks an average EBITDA multiple of 11.2x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of SMITHS INTERCONNECT when it was acquired by MOLEX ELECTRONIC TECHNOLOGIES?

The estimated EV/EBITDA multiple for SMITHS INTERCONNECT is in the range of 15x - 25x. For comparison, the Industry & Manufacturing sector currently shows an average EBITDA multiple of 11.2x. Join our community for free to access full valuation data and industry trends.

What was the revenue of SMITHS INTERCONNECT at the time of the deal?

The revenue of SMITHS INTERCONNECT at the time of the deal is estimated to be in the range of 250M - 500M GBP. Register for free to access the full transaction report and exact valuation multiples.

What was the EBITDA of SMITHS INTERCONNECT during the acquisition?

SMITHS INTERCONNECT's EBITDA is estimated to be in the range of 50M - 100M GBP. Join our community for free to access complete and exact deal data.

What is Enterprise Value (EV)?

Enterprise Value (EV) is a measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization. EV includes in its calculation the market capitalization of a company but also short-term and long-term debt as well as any cash on the company's balance sheet.

What is the EV/EBITDA multiple and why is it used?

The EV/EBITDA multiple is a financial ratio that compares a company's Enterprise Value (EV) to its Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA). It is widely used in M&A and valuation because it allows for comparisons between companies with different capital structures and provides a clear view of operational profitability.

How is the data for the SMITHS INTERCONNECT acquisition sourced and is it reliable?

Mynth data is contributed by a professional community of M&A and Private Equity experts. Each transaction, including the SMITHS INTERCONNECT deal, is systematically cross-verified by our team using private deal documents and official sources. You can also find the official press release for this transaction here: https://fr.smithsinterconnect.com/news-events/latest-news/smiths-group-plc-sale-of-smiths-interconnect/

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Home Database Industry & ManufacturingSMITHS INTERCONNECT

10/2025

SMITHS INTERCONNECT acquired by MOLEX ELECTRONIC TECHNOLOGIES

UNITED KINGDOM Industrial Equipment / Components EV 1b - 4b GBP

Context

Smiths Group plc has agreed to sell 100% of Smiths Interconnect to Molex Electronic Technologies Holdings. The transaction, expected to close in the second half of fiscal year 2026, is a key pillar of the strategic plan announced in January 2025 to refocus Smiths Group as a high-performance industrial engineering company. The strategic rationale for the deal is twofold: for Smiths Group, it unlocks significant inherent value and provides cash to enhance shareholder returns via buybacks and dividends. For Molex, the acquisition significantly strengthens its presence in the high-reliability defense, space, and medical markets by integrating Smiths' specialized interconnect technologies. The perimeter of the sale excludes the US sub-systems business unit, which was separately divested in October 2025. This deal was announced simultaneously with the ongoing sales process for Smiths Detection, marking a definitive shift toward a more streamlined group structure focused on flow management and thermal solutions.

SMITHS INTERCONNECT, which reported an EBITDA margin of LOGIN in 2025, is valued in this transaction at an EV/EBITDA multiple of LOGIN, representing a LOGIN to the average currently observed in the Industry & Manufacturing sector (11.2x).

Note that this data is based on contribution from our growing community, composed of M&A and Private Equity professionals, and has been verified by our team to ensure its accuracy.

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Target

Smiths Interconnect is a leading provider of technically differentiated electronic components, subsystems, microwave, and radio frequency products. The organization specializes in connecting, protecting, and controlling critical applications in the commercial aviation, defense, space, medical, and industrial markets. Its business model focuses on high-reliability solutions for demanding environments where failure is not an option, such as satellite communications and advanced medical imaging. Operating globally, the entity provides a broad portfolio of connectors and specialized components that enable high-speed data transmission and signal integrity. Prior to its divestment, it functioned as a specialized technology division within Smiths Group plc, serving a blue-chip customer base with mission-critical connectivity requirements.

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REFERENCES

Valuation range: EV 1b - 4b GBP

Revenue range: 250M - 500M GBP

EBITDA range: 50M - 100M GBP

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of SMITHS INTERCONNECT by MOLEX ELECTRONIC TECHNOLOGIES are reserved for mynth community members. Register for free to unlock full data.

Authors: verified mynth contributor (mynth data is contributed by M&A / PE professionals and systematically cross-verified with private deal documents and official press releases).

Press release: view release

Target: smiths interconnect

Acquirer: molex electronic technologies