Heilind Acquires German Distributor MPS Group

Apr 23, 2015, 13:48 ET from Heilind Electronics

WILMINGTON, Mass., April 23, 2015 /PRNewswire/ -- Heilind Electronics, one of the world's largest distributors of interconnect products, has acquired MPS Group, a leading distributor of electronic components and manufacturer of cable assemblies for the European Mil-Aero Marketplace.

"We are very pleased to be expanding Heilind's operations into Germany, Europe's largest economy, and welcome the dedicated employees of MPS group into the Heilind family," said Martin Kent, President, European and Asia Pacific Operations for Heilind.  "MPS group brings over 35 years of distribution experience to Heilind and more than 25 years of expertise in wiring and cabling systems assembly."

The privately held MPS Group comprises three companies: MPS-T (Terminal) serving the industrial marketplace, MPS-E (Electronic) serving the Mil-Aero marketplace, and MPS-K (cable) a contract cable assembler also serving the Mil-Aero marketplace. It is headquartered in Feldkirchen-Westerham, Germany, just outside of Munich.

"We are excited to be joining forces with Heilind Electronics, one of the most respected organizations in the industry," said Lorenz Huber, Managing Director of MPS-T. "Heilind's position as a worldwide leader in components distribution and its top notch inventory and supply chain solutions will help us grow our business with existing customers and make us more competitive in acquiring new ones," added Marcus Seitz, Managing Director of MPS-E and MPS-K.

About Heilind

Founded in 1974, Heilind Electronics, Inc. (www.heilind.com/www.heilindasia.com) is one of the world's leading distributors of connectors, relays, switches, thermal management and circuit protection products, terminal blocks, wire and cable, wiring accessories, and insulation and identification products. Heilind has locations throughout the U.S., Canada, Mexico, Brazil, Singapore, Hong Kong, China and Germany. Follow Heilind on Facebook at www.facebook.com/Heilind and on Twitter at twitter.com/Heilind.

About MPS Group

Founded in 1978 the MPS Group combines the experience and expertise of over 35 years of high-quality electronic components and special tools distribution with over 25 years of know-how in cable assemblies. MPS Group serves the industrial and Mil-Aero marketplaces and is headquartered in Feldkirchen-Westerham, Germany, just outside of Munich. MPS Group: Connecting Perfection.

Contact:
Paul Burkholder
440-473-9600

SOURCE Heilind Electronics



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