December 27, 2024
LISLE, IL – December 27, 2024 – After the consultation phase with all the involved stakeholders, Molex announces the successful closing of the transaction to sell its Zetronic plant in Padua to the Fulchir Group, enabling the business continuity of the facility.
The acquisition of the Padua plant is being jointly executed by iVision Tech SpA (holding a 45% stake) and Innovatek Srl (holding a 55% stake), two companies that are part of the Fulchir family.
Molex was supported in the transaction by EY as industrial and financial advisor, while the Milan office of Baker McKenzie handled the legal and labor law aspects.