NEW YORK, January 31, 2008
Deutsch, a leading manufacturer of electrical connectors for the Industrial Vehicles, Mil Aero, Transportation and Oil & Gas markets, announced today that it has acquired the shares of SERVO Interconnect Limited from SERVO and Electronic Sales Limited.

Deutsch UK and Servo have worked together over the past 15 years and in January 2005 became a partner in the creation of Servo Interconnect Ltd. In 2007, SERVO Interconnect Limited achieved annual sales of approximately $10M. 

Servo Interconnect and Deutsch UK look forward to a prosperous future combining the strengths of the two organizations.  The resources of both companies will be used in the best interests of our customers; under the direction of Trevor Jenkins at Servo Interconnect and David Watters at Deutsch UK, we expect to see further steady growth supplying essential components to the motor racing industry.

NEW YORK, January 2, 2008
Deutsch, a leading manufacturer of electrical connectors for the Industrial Vehicles, Mil Aero, Transportation and Oil & Gas markets, announced today that it has entered into a strategic arrangement with WESCO International Inc. where Deutsch has acquired a 60% ownership of WESCO’s LADD operations for approximately $75M.  LADD is engaged in the distribution of specialized “heavy-duty industrial connectors” and has been the exclusive distributor of Deutsch connectors in the United States for over 20 years.  In 2007, LADD achieved annual sales of approximately $100M.  Deutsch and WESCO will work together to further penetrate the existing customers in the specialized heavy-duty connector market, and to accelerate growth in new market segments and new products.
 
Under the terms of the agreement, Deutsch and WESCO will operate under a joint venture agreement whereby Deutsch owns 60% of LADD Industries, and is entitled, but not obliged, to acquire the remaining 40% at any time after the second anniversary of the date of closing.

A NEW ORGANIZATION.

Over the last 18 months, Deutsch has combined its three independent American, French, and British companies into a single, global group. This project represented the major challenge of 2007. To bring the group’s structure into line with its new size, environment and challenges, Deutsch reorganized in July 2007, creating an Industry division and an Aircraft & Transportation division. In this context, Deutsch created a group head office in New York, developed several transverse functions and hired several senior executives, including a Director of Aircraft & Transportation, a Chief Financial Officer and a Chief Information Officer. The group also installed centralized and more efficient IT and reporting systems. The reorganized group has set two targets:

• develop a complete range of products by division;

• achieve better geographic coverage of its customers