Genstar Capital-backed Abracon to acquire NEL Frequency Controls.

Genstar Capital-backed Abracon, a supplier of Frequency Control, Timing, Power, Magnetics, RF and Antenna solutions, agreed to acquire NEL Frequency Controls, a manufacturer of ultra-low phase noise crystal oscillators and modules. Financial terms were not disclosed. "The NEL Frequency Control acquisition marks a significant milestone in our commitment to expanding our precision timing product offering. This strategic alliance reinforces our dedication to delivering innovative product solutions, unparalleled service excellence, and superior technical support for our global customers, partners, and distributors. With the new addition of US-based manufacturing, we are poised to further strengthen our position as a leader in the industry," Tony Roybal, Abracon President and CEO.