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New Deal


Announced

Completed

Abracon completed the acquisition of Fox Electronics.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Electronic Equipment: Other

Single Bidder

United States

Friendly

Majority

Completed

oscillators

Private

electronic manufacturing

Domestic

Synopsis

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Abracon, a passive components manufacturer, completed the acquisition of Fox Electronics, an electrical components manufacturer. Financial terms were not disclosed. "The Fox Team looks forward to combining our history of product development with the Abracon market position and extensive sales resources. We are proud of Fox Electronics' 41-year history. Since the early 1990"s Fox has focused on US innovation for the Frequency Control Market - being first with the series of quick turn crystal oscillators, continuing to provide performance enhancements with careful design iterations, followed by our recent development of Vibration Resistant Crystals focused toward telecom, automotive and military markets," Gene Trefethen, Fox Electronics President.

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