Sparton Acquires Hunter Technology Corporation
Sparton Corporation announced that its wholly owned subsidiary, Sparton Hunter Corporation, completed a merger with Hunter Technology Corporation in a $55 million all-cash transaction. The merger is subject to certain and conditional post-closing adjustments.
Strategically located in the Silicon Valley, the 100,000-square-foot Blue Sky Center features Jabil’s intelligent digital supply chain toolset called Jabil in Control, factory-of-the-future technologies, stateof-the-art IoT and rapid prototyping labs, as well as access to advanced capabilities for increasing customer collaboration and product innovation.
Scanfil Expects Growth Momentum to Continue in 2015
Scanfil expects its turnover to increase by 2–8% in 2015. More turnover is generated in the second half than in the first half of the year. The company believes that its turnover will decrease slightly in the first half of the year, and particularly in the second quarter, compared to 2014. Its operating profit before non-recurring items for 2015 is expected to be EUR 13–17 million.
Zentech Manufacturing Acquires Colonial Assembly and Design
The acquisition provides tremendous synergy with Zentech’s established customer set in the DOD and military C4ISR (Command, Control, Computers, Communications, Intelligence, Surveillance, Reconnaissance) sectors while also providing enhanced engineering, product design, circuit design, machining, over-molded cable assembly and wire harnessing capabilities to the Zentech portfolio.
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