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CommScope completes US$2.65 billion acquisition of Andrew

CommScope, Inc. today announced that it has completed its acquisition of Andrew Corp. for a total purchase price of...


December 27, 2007  


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CommScope, Inc. today announced that it has completed its acquisition of Andrew Corp. for a total purchase price of approximately US$2.65 billion.

Andrew will become a wholly-owned subsidiary of CommScope.

“We are delighted with the closing of the Andrew transaction, which marks a new chapter in the history of our company,” said Frank Drendel, chairman and CEO of CommScope.

“With this acquisition, we are advancing (our) stated global ‘last mile’ strategy while creating important cost reduction and growth opportunities that we believe will drive increased shareholder value.