Announced
Completed
Financials
Sources
Tags
Friendly
Completed
United States
Majority
Private
Acquisition
Single Bidder
Electronic Equipment: Other
manufacturing assets
Domestic
Synopsis
Intervala, a full-service manufacturer of precision electronic and electromechanical products, completed the acquisition of the Ohio electronics business from NEOTech, an electronic components maker. Financial terms were not disclosed. “The acquisition of NEOTech’s Mason business presented Intervala with a unique opportunity to further advance our growth strategy and expand our customer base in key target markets. We commend the NEOTech team for building successful, longstanding relationships with a notable customer list and are extremely pleased to welcome these customers to Intervala," Teresa Huber, Intervala CEO and President.
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