Mobix Lab buys electrical components firm SCP Manufacturing for cash/stock

“Mobix Lab (MOBX)s has unveiled another game-changing move with its acquisition of SCP Manufacturing, a Nevada-based producer of mission-critical electrical components for aerospace, defense, and commercial applications. This strategic deal, the company’s second strategic acquisition in just 60 days, is expected to close in Q2 2025 and will amplify Mobix Labs’ operational efficiency, gross margins, and market dominance in high-growth industries. “Our agreement to acquire SCP Manufacturing underscores Mobix Labs’ determination to redefine the aerospace and defense landscape. With SCP’s engineering and manufacturing capabilities, and a track record of excellence, Mobix Labs gains access to technologies essential for advanced military and commercial systems,” said Fabian Battaglia, CEO of Mobix Labs. SCP is a key supplier of mission critical products to Spacecraft Components, which Mobix Labs agreed to acquire in November 2024…The acquisition will be financed through a mix of cash and equity with earnout provisions, subject to final due diligence and board approvals. Details will be finalized closer to the expected closing date in the second quarter-2025,” said Mobix in a release…