Solystic SAS - Ownership and Business Overview

ElectronicsCompany

Solystic SAS Ownership

Who owns Solystic SAS?

Solystic SAS is owned by Northrop Grumman. It was acquired on April 24, 2001.

Solystic SAS Business Overview

Where is Solystic SAS headquartered?

Solystic SAS is headquartered in Bagneux, France.

What sector is Solystic SAS in?

Solystic SAS is an electronics company.

When was Solystic SAS founded?

Solystic SAS was founded in 1994.

Electronics M&A Summary in 2001

Out of 60 sectors in the Mergr database, electronics ranked 27 in number of deals in 2001. The largest electronics acquisition in 2001 was SCI Systems - which was acquired by Sanmina for $6.0B.

Join Mergr to view all 22 acquisitions of electronics companies in 2001, including 8 acquisitions by private equity firms, and 14 by strategics.

Solystic SAS

152/160 avenue Aristide Briand - CS 80013 Cedex,
Bagneux, 92227
France,
+33 1 49 69 41 00
www.solystic.com

Solystic SAS is an European based manufacturer of postal sorting equipment. Solystic of flat mail (magazines, catalogs and circulars) automation equipment. A key product of the French-based company is the AFSM-100, known in Europe as TOP FSM, a machine that sorts "flats" at more than twice the speed and at less operating cost than existing USPS flat sorters.


Company Summary

SECTOR

Electronics

Established

1994

Subsidiary of

Northrop Grumman

Former Name

Mannesmann Dematic Postal Automation S.A.

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