Announced
Completed
Financials
Sources
Tags
Majority
Private
Single Bidder
Electrical Components
Domestic
Friendly
United States
battery technology
energetic devices
battery management systems
Acquisition
Completed
Synopsis
Tuthill, a privately held business with a 130-year history of industrial manufacturing, completed the acquisition of EaglePicher Technologies, a privately held, American, manufacturing company known for its battery technology, energetic devices and battery management systems. Financial terms were not disclosed. "It’s taken 130 years for Tuthill to reach this place – a place where we are able to join forces with a company like EaglePicher. It’s required the combined efforts of thousands of good people to make this possible. It’s a personal thing for me. I come from a military family. I believe in a strong America. I’m thrilled to know that, through EaglePicher, Tuthill will now be a direct contributor to the defense, space, and aviation industries that help to keep our country at the forefront," Jay Tuthill, Tuthill Chairman.
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