M&A Deal Summary

FTG Acquires Airco Industries

On March 21, 2016, FTG acquired manufacturer Airco Industries from Atrenne Integrated Solutions

Acquisition Highlights
  • This is FTG’s 1st transaction in the Manufacturing sector.
  • This is FTG’s 1st transaction in the United States.
  • This is FTG’s 1st transaction in Texas.

M&A Deal Summary

Date 2016-03-21
Target Airco Industries
Sector Manufacturing
Buyer(s) FTG
Sellers(s) Atrenne Integrated Solutions
Deal Type Divestiture

Target

Airco Industries

Fort Worth, Texas, United States
Airco Industries, Inc.(dba Photo Etch) is a designer and manufacturer of cockpit lighted displays and control panels.

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Buyer(S) 1

Buyer

FTG

Toronto, Ontario, Canada

Category Company
Founded 1983
Sector Semiconductors
Employees697
Revenue 162M CAD (2024)
DESCRIPTION

FTG is a manufacturer of high-technology printed circuit boards and precision illuminated display systems. FTG was founded in 1983 and is based in Toronto, Ontario.


DEAL STATS #
Overall 1 of 4
Sector: Manufacturing M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Texas M&A 1 of 1
Country: United States M&A 1 of 3
Year: 2016 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-11-17 IMI

Haverhill, Massachusetts, United States

IMI is a manufacturer of specialty RF circuit boards focused on the aerospace and defense markets. IMI is based in Haverhill, Massachusetts.

Buy CA$2M

Seller(S) 1

SELLER

Atrenne Integrated Solutions

New Hope, Minnesota, United States

Category Company
Sector Information Technology
DESCRIPTION

Atrenne Integrated Solutions, Inc. is a designer and manufacturer of ruggedized electromechanical solutions serving multiple markets, primarily for military and commercial aerospace applications. Atrenne Integrated Solutions is based in New Hope, Minnesota.


DEAL STATS #
Overall 1 of 1
Sector: Manufacturing M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Texas M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2016 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-07-02 Hybricon

Ayer, Massachusetts, United States

Hybricon Corp. is a manufacturer of electric products. Hybricon is based in Ayer, Massachusetts and was formed in 1976.

Buy -