Interplex Acquires Cable Assembly Manufacturer OCP Group
Singapore-based Interplex acquires cable assembly manufacturer OCP Group.
Interplex, a supplier of custom interconnect, high-precision mechanical and electromechanical products, recently announced the acquisition of California-based cable assembly manufacturer OCP Group, Inc. The deal allows Interplex to expand its medical and life sciences product portfolio while branching out into megatrends like decarbonization, future mobility, increased longevity and digitalization.
In the announcement, Interplex CEO Alessandro Perrotta stated that the acquisition is a strategic investment to expand the company’s fast-growing medical and life sciences segment, consisting of customized interconnect and cable assembly solutions. He added that OCP brings new opportunities for specialized sensors and harsh environment applications.
Image courtesy of Interplex
Perrotta added, “This acquisition will complete our company-wide strategy for accelerated growth by enabling our focus on key megatrends such as Decarbonization of Transportation, Future Mobility, Increase Longevity and Digitalization, where Interplex has established a strong position over the last 5 years.”
OCP markets custom cables, wire harnesses and subassemblies to original equipment manufacturers across the medical, industrial, automation, robotics, transportation, agriculture and marine industries. Products include custom panel mount cables, machinery cables for harsh environments such as marine and mining, heavy vehicle cables, medical imaging and diagnostic cable assemblies, bulk cables and industrial computing cables.
In addition to selling products under the OCP brand, the company also serves as an electronic manufacturing service provider, offering design, engineering and production capabilities. The firm has manufacturing facilities in Mexico, China and its home state of California.
Roy Muscarella, head of Interplex’s medical device unit, said that with OCP’s specialization in the medical and life science fields, Interplex’s product portfolio is now extended to include standard and custom connectors and cable assemblies for markets that require compliance with quality management standards.
“With OCP joining the Interplex group, we strengthen low-high volume interconnect solutions as well as support low-volume, complex-to-high volume disposable assemblies,” Muscarella stated.
Interplex’s existing portfolio spans over 39,000 products, including surgical, treatment, drug delivery and diagnostics solutions for medical and life sciences customers. In its other segments, Interplex provides sensors and control systems for automotive applications, server and storage products for datacom, telecom, industrial and infrastructure customers, and aerospace flight systems and interior and propulsion products.
According to its website, Interplex has a presence in 30 locations across 14 countries, with 29 manufacturing sites and several product development sites and R&D centers.