# TE Connectivity sells Axicom high voltage division to RCP

TE Connectivity has sold its Axicom high voltage business division, based in Wohlen, Switzerland, to RCP. The division manufactures high voltage components and hollow composite insulators for power transmission applications.

- Type: Acquisition
- Announced: 2020-12-31
- Where: Wohlen, Switzerland, Switzerland
- Jobs: 150
- Status: completed
- Products: high voltage components, hollow composite insulators
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [TE Connectivity](https://endata.com/companies/16155.md)
- [TE Connectivity](https://endata.com/companies/16155.md) (partner)
- [RCP](https://endata.com/companies/52236.md) (acquirer)
- [Axicom](https://endata.com/companies/52792.md) (target)

## Sources

- [lincolninternational.com](https://www.lincolninternational.com/transactions/te-connectivity-has-sold-axicom-to-rcp/), 2020-12-31: "TE Connectivity has sold Axicom high voltage business division to RCP"
- [evertiq.com](https://evertiq.com/design/49469), 2021-01-26: "With the sale of Axicom, TE Connectivity has achieved an important milestone in its strategy to further focus its activities."
- [majunke.com](https://majunke.com/te-connectivity-has-sold-axicom-to-rcp), 2021-01-27: "With the sale of Axicom, TE Connectivity, with the support of Lincoln International, has achieved an important milestone in its strategy to further focus its activities."

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