WILMINGTON, MA -- Heilind Electronics has acquired MPS Group, a 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.