Amphenol closes CIT acquisition from Carlisle; sees $0.02 EPS accretion in 2024

AMPHENOL CORP /DE/

Acquisition of Carlisle Interconnect Technologies (CIT) completed on May 21, 2024.
CIT expected to generate ~$900M in 2024 sales with ~20% adjusted EBITDA margin.
Deal expected to be $0.02 accretive to 2024 EPS ($0.01 post 2-for-1 stock split).
Enhances Amphenol's harsh environment interconnect offerings for commercial air, defense, and industrial markets.
Welcomed CIT employees; target is to drive operating performance.

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