Announced
Financials
Tags
Diversified Engineering Procurement Construction (EPC)
engineering services
Germany
Private
Private Equity
Cross Border
Single Bidder
Acquisition
Majority
Completed
Friendly
Synopsis
Cornell Capital-backed Lorom, a manufacturer of specialized cable manufacturing and assembly, completed the acquisition of In-Tech, an electronic manufacturing and development services company. Financial terms were not disclosed. "Today's announcement marks the creation of a one-stop-shop solutions provider, delivering customized solutions and services to our long-standing customer base. We look forward to partnering with the talented In-Tech team to support our valued customers around the world and drive the next chapter of growth of the combined company," John X. Zhang, Lorom CEO.
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