Bel Fuse, a supplier of products that power, protect and connect electronic circuits, has acquired power supply manufacturer EOS of Mumbai, India. The deal closed March 31 for $7 million cash from funds on hand. […]
Elbit Systems, the Israel-based defense supplier, has acquired marine electronics company Sparton Corporation for $380 million. The move brings into the Elbit portfolio Sparton’s inertial sensing technology known for its magnetic precision in navigation and positioning applications for military […]
AVX has released a new series of ultraminiature multilayer ceramic chip inductors for high-frequency RF applications, as it prepares to rebrand itself Kyocera AVX to align more closely with its parent company. AVX makes surface mount power inductors […]
Kendrion Group of The Netherlands reports that its integration of INTORQ GmbH has gone very well despite restrictions imposed by the Corona pandemic. Known widely for its permanent magnet brakes and holding magnets, Kendrion now produces a full line of electromagnetic brakes, spring-applied brakes […]
Industrial Magnetics, Inc. has acquired Walker Magnetics Group, Inc., North America’s oldest industrial magnet manufacturer. The deal brings together two longtime industry leaders, IMI now marking its 60th anniversary while Walker has been in business 125 years. Founded in […]
Adding to its line of coatings for the manufacture of electric motors and industrial products, Axalta plans to acquire Chinese producer of wire enamels Anhui Shengran Insulation Materials. The company and its product line will become part of Axalta’s […]
Six years after acquiring Magnet Quebec, fast-growing GRYB has now expanded below the US-Canadian border with its acquisition of Ohio-based Winkle Industries, absorbing an extensive line of industrial magnet products sold worldwide along with added engineering, manufacturing and […]
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