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The company saw €1.072 billion in revenue worldwide. The number of employees approached 10,000. 2009: Phoenix Contact continued investing and built a 20,000 square meter production hall in Blomberg, representing the company's largest building. 2010: PHOENIX CONTACT Deutschland GmbH was founded. The Phoenix Contact Germany sales subsidiary was ...
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In 2011, Phoenix sold its Goodwin Capital Advisers subsidiary to Conning & Company. [5] In September 2015, Phoenix announced it was being acquired by Nassau Reinsurance Group, a privately held company, for $217.2 million. [6] The acquisition closed on June 20, 2016 and Phoenix became a private company. [7]
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On August 31, 2016, Phoenix Contact GmbH & Co. KG, Blomberg, Germany concluded a contract for the acquisition of Perle Systems Limited, Toronto. Thus, Perle Systems becomes an international subsidiary of the Phoenix Contact Group.