# Volex agrees to acquire MC Electronics for $3.7M

Volex plc agreed to acquire MC Electronics, Inc. from Nova Shell LP and Shell Topco LP for $3.7 million. The consideration includes up to 3.5 million ordinary shares and $0.4 million cash for working capital.

- Type: Acquisition
- Announced: 2018-04-26
- Where: United States
- Value: $3.70M
- Status: announced
- Products: electronic components
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md), [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Volex](https://endata.com/companies/10515.md) (acquirer)
- [MC Electronics](https://endata.com/companies/31556.md) (target)
- [Nova Capital Management](https://endata.com/companies/31557.md) (partner)

## Sources

- [in.marketscreener.com](https://in.marketscreener.com/quote/stock/VOLEX-PLC-4002433/news/Volex-plc-agreed-to-acquire-MC-Electronics-Inc-from-Nova-Shell-LP-and-Shell-Topco-LP-funds-manage-34740990/), 2018-04-25: "Volex plc agreed to acquire MC Electronics, Inc. from Nova Shell LP and Shell Topco LP, funds managed by Nova Capital Management Limited, for $3.7 million."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.