PE-Backed Arxis Buys Omnetics, MagCanica For $890M
By Jade Martinez-Pogue ( June 2, 2026, 4:50 PM EDT) -- Aerospace and defense company Arxis on Tuesday announced that it has agreed to acquire aerospace and defense manufacturer Omnetics Connector Corp. and torque sensor-maker MagCanica Inc. for a combined purchase price of $890 million....
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