Cornell Capital-backed Lorom completed the acquisition of Segue Manufacturing Services.

Cornell Capital-backed Lorom Holding, a manufacturing solutions provider focusing on specialized cable manufacturing and assembly, completed the acquisition of Segue Manufacturing Services, a global contract electronics manufacturer specializing in custom electromechanical, cable assembly and engineering services for the medical sector. Financial terms were not disclosed. "This strategic transaction provides Segue with multiple growth opportunities, including additional manufacturing capacities on an international scale and the ability to leverage additional engineering support. With Lorom's specialized expertise in wire harness, interconnect solutions, and cable manufacturing, Segue's customers will benefit from our enhanced vertical integration capabilities. On the heels of our 30th anniversary, we couldn't be more excited about the future of Segue," Brian Desmarais, Segue CEO.