M&A Deal Summary

Luxium Solutions Acquires Inrad Optics

On April 9, 2024, Luxium Solutions acquired manufacturer Inrad Optics for 19M USD

Acquisition Highlights
  • This is Luxium Solutions’ 1st transaction in the Manufacturing sector.
  • This is Luxium Solutions’ largest (disclosed) transaction.
  • This is Luxium Solutions’ 1st transaction in the United States.
  • This is Luxium Solutions’ 1st transaction in New Jersey.

M&A Deal Summary
Date 2024-04-09
Target Inrad Optics
Sector Manufacturing
Buyer(s) Luxium Solutions
Deal Type Add-on Acquisition
Deal Value 19M USD
Advisor(s) Needham & Co. LLC (Financial)
Lowenstein Sandler (Legal)

Target

Inrad Optics

Northvale, New Jersey, United States
website
Inrad Optics is a vertically integrated manufacturer specializing in glass, crystal, and metal based optical components and assemblies. Inrad Optics is based in Northvale, New Jersey.

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Buyer(S) 1

Buyer

Luxium Solutions

Hiram, Ohio, United States

website

Category Company
Founded 1969
Sector Building Materials
DESCRIPTION

Luxium Solutions is a provider of single scintillation crystals for radiation detection applications, as well as sapphire and garnet substrates for photonics and power electronics applications. Luxium Solutions was founded in 1969 and is based in Hiram, Ohio.

DEAL STATS #
Overall 1 of 1
Sector (Manufacturing) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (New Jersey) 1 of 1
Country (United States) 1 of 1
Year (2024) 1 of 1
Size (of disclosed) 1 of 1
Mergr

Product

Company

Legal