News

ADDISON, TX – Interconnect supplier AirBorn has acquired StrataFlex and Central Minnesota Tool. Terms of the transactions were not disclosed.
 
Toronto-based StrataFLEX designs and manufactures flexible printed circuits and assemblies for the military/aerospace, medical instrumentation and industrial markets.
 
Little Falls, MN-based CMT provides turnkey stamping, moldings and automation capability for assembly, for automotive, military/aerospace, medical instrumentation and telecom.
 
“This is a significant step forward for AirBorn,” says Cindy Lewis, president and CEO of AirBorn, in a statement. “Growth in the flex circuit market has outpaced growth in standard connectors."
 
 

 
LONDON – U.S. chemicals group Huntsman Corp. said it received a $6.1 billion takeover offer from private-equity firm Apollo Management, trumping a previously agreed deal with Dutch group Basell.
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