We are advising TE Connectivity on the transaction

Davis Polk is advising TE Connectivity plc on its definitive agreement to acquire Astrodyne TDI from Tinicum L.P. for approximately $1.4 billion. Upon closing, Astrodyne TDI will continue to operate under its current leadership team and become part of TE’s Automation & Connected Living sector. The transaction is subject to customary regulatory approvals and closing conditions and is expected to close by the end of 2026.

TE Connectivity is a global industrial technology leader creating a safer, sustainable, productive and connected future. With more than 90,000 employees, including 10,000 engineers, working alongside customers in approximately 130 countries, TE’s broad range of connectivity and sensor solutions enable the distribution of power, signal and data to advance next-generation transportation, energy networks, automated factories, data centers and more.

Astrodyne TDI designs and manufactures innovative power solutions for demanding applications worldwide. Its products include power supplies and electromagnetic interference filters for industrial, semiconductor manufacturing, medical, consumer appliance, military and aerospace customers.

The Davis Polk corporate team includes partners Michael Gilson and Brian Wolfe and associate Maggie (Meizhang) Xing. Partner William A. Curran is providing tax advice. Partner Ben Joseloff is providing CFIUS advice. Partners Arthur J. Burke and Matthew Yeowart are providing antitrust and competition advice. Partner Amanda Hines Gold is providing executive compensation advice. Partner David R. Bauer is providing intellectual property advice. Counsel David A. Zilberberg is providing environmental advice. Members of the Davis Polk team are based in the New York and London offices.

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