APH · Earnings call · 2026Q3T · Full report

Acquisition / Partnership / Divestiture

AMPHENOL CORP /DE/ · 2026-10-28 · Importance 65 · Surprise 60 · Contradicted

Amphenol closed its acquisition of Empire Electronics in early September; Empire is expected to generate approximately $320 million of 2026 revenue and joined Interconnect and Sensor Systems. The company signed definitive agreements to acquire Advanced PCB, with approximately $270 million of expected 2026 sales, and DexScreen, with approximately $90 million of expected 2026 sales. It also agreed to acquire Humanetics, which expects approximately $70 million of 2026 sales; Advanced PCB, DexScreen, and Humanetics were expected to close between the call date and the end of the first quarter. The announced businesses expand offerings in automotive interconnect, defense and industrial printed circuit boards, fiber-optic connectivity, and sensing technologies.

Key facts

• Amphenol closed its acquisition of Empire Electronics at the beginning of September 2026; Empire’s full-year 2026 revenue was expected to be approximately $320 million.
• Amphenol signed a definitive agreement to acquire Advanced PCB, a U.S.-based manufacturer of high-technology printed circuit boards for defense and industrial markets, with expected full-year sales of approximately $270 million.
• Amphenol expected the Advanced PCB, DexScreen, and Humanetics acquisitions to close between the call date and the end of Q1 2027.
• Amphenol signed a definitive agreement to acquire DexScreen Limited, an Ireland-based fiber-optic connectivity provider primarily serving fiber-to-the-home communications networks; DexScreen’s expected 2026 sales are approximately $90 million.
• Amphenol signed a definitive agreement to acquire Humanetics, a provider of precision force sensors, specialty fiber-optic sensing products, and micromachining solutions; its expected full-year 2026 sales are approximately $70 million.
• Amphenol said fiber-optic sensing from the pending Humanetics acquisition could expand industrial and defense sensing opportunities.
• Empire Electronics has approximately 4,800 employees worldwide and is included in Amphenol’s Interconnect and Sensor Systems segment.
• Advanced PCB has approximately 800 employees across six U.S. facilities and is expected to join Amphenol’s Harsh Environment Solutions segment after closing.

Impact estimates