Standard of Excellence: Finding and Developing Future Leaders in Manufacturing
Global Sourcing Spotlight: Navigating the Variables of Holiday Schedules in Global Sourcing
Nolan’s Notes: Soldering Technologies
INVISIO Acquires Racal Acoustics
January 5, 2021 | Racal Acoustics LtdEstimated reading time: 1 minute
INVISIO has signed an agreement to acquire all the shares in Racal Acoustics Ltd, a UK-based supplier of communication and hearing protection systems for high noise environments. Prior to INVISIO’s acquisition, Racal Acoustics Ltd was a subsidiary of TransDigm Group Inc.
INVISIO’s acquisition of Racal Acoustics is aligned with INVISIO’s growth strategy and their ambition to further strengthen their global market-leading position within communication and hearing protection systems. The acquisition means that INVISIO will broaden its offer with a complementary new product category, consisting of advanced and rugged hearing protection and communications headsets for environments with constant high noise, often found in larger military vehicles and around aircraft.
Under the terms of the acquisition, INVISIO will also acquire Racal Acoustics Inc, a US based sales company through which Racal Acoustics markets and sells its products to the US market. The acquisition, which is expected to close during the first quarter of 2021, is subject to regulatory approvals and customary closing conditions.
Lars Højgård Hansen, CEO of INVISIO, said, “We are very excited to welcome Racal Acoustics into the INVISIO-family. The deal is a perfect fit as the two companies are largely complementary. Over many years Racal Acoustics has built a strong position for communication and hearing protection in high noise environments such as military vehicles, while INVISIO has built a strong position for users in the field. Our combined product offerings and market footprints will strengthen our world leading position as the communication and hearing protection expert for users within military, first responder and aviation markets, whether in the field or in a vehicle”.
James Ewing, Managing Director at Racal Acoustics, said, “Joining INVISIO is the perfect next step to fully explore the potential in Racal Acoustics. As the companies to a large extent share the same business-DNA but target different market segments and sales channels, we have all the elements for a strong growth story and future together”.
Share on:
Suggested Items
ViTrox Welcomes Gemaddis as a New Sales Channel Partner in France
12/18/2024 | ViTroxViTrox Technologies, which aims to be the World’s Most Trusted Technology Company in delivering innovative, advanced, and cost-effective automated Machine Vision Inspection Solutions for the semiconductor and electronics manufacturing industries, is honoured to announce its partnership with Gemaddis as its new Sales Channel Partner (SCP) for the French market, effective May 2024.
Automotive PCB Market Share to Rise at 5.4% CAGR, to Reach $16.43 Billion by 2034
12/18/2024 | Globe NewswireThe global automotive PCB market size is projected to grow from USD 9.72 billion in 2024 to USD 16.43 billion by 2034, at a CAGR of 5.4%, according to a new report by Polaris Market Research.
GB200 Rack Supply Chain Requires Further Optimization, Peak Shipments Expected Between 2Q25 and 3Q25
12/18/2024 | TrendForceAs the market closely follows the progress of NVIDIA’s GB200 rack-mounted solution, TrendForce’s latest research indicates that the supply chain requires additional time for optimization and adjustment.
Wearables to Face Continued Growth While Giving Way to New Form Factors
12/18/2024 | IDCGlobal shipments for wearables are on track to grow 6.1% by the end of the year, reaching 538 million units according to new data from the International Data Corporation (IDC) Worldwide Quarterly Wearable Device Tracker.
Sayonara to the Last Standing Copper Foil Plant in North America
12/17/2024 | Marcy LaRont, I-Connect007In July 2021, PCB007 Magazine published an interview with Michael Coll and Chris Stevens of Nippon Denkai about the new acquisition by Nippon Denkai of the last-standing ED foil manufacturer in North America. The plant in Augusta, Georgia, was formerly owned by Oak Mitsui, Inc. and had been purchased by Nippon Denkai the previous March, after which significant investment was made with the expectation of providing more jobs.