M&A Deal Summary

Hermetic Solutions Group Acquires Litron

On December 22, 2016, Hermetic Solutions Group acquired packaging company Litron

Acquisition Highlights
  • This is Hermetic Solutions Group’s 3rd transaction in the Packaging sector.
  • This is Hermetic Solutions Group’s 2nd transaction in the United States.
  • This is Hermetic Solutions Group’s 1st transaction in Massachusetts.

M&A Deal Summary
Date 2016-12-22
Target Litron
Sector Packaging
Buyer(s) Hermetic Solutions Group
Deal Type Merger

Target

Litron

Agawam, Massachusetts, United States
Litron is a provider of microwave packages, hermetic sealing and custom laser welding systems to the aerospace, industrial and medical end-markets. Litron’s product and service offerings are highly complementary and the facilities will provide a strategic outpost on the eastern seaboard to PA&E, meaningfully enhancing the combined company’s geographic reach.

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Buyer(S) 1

Buyer

Hermetic Solutions Group

Trevose, Pennsylvania, United States
Category Company
Founded 2016
Sector Packaging
DESCRIPTION

Hermetic Solutions Group is a provider of advanced hermetic packaging and components designed to ensure critical electronic systems function reliably in demanding environments where it is essential to control for factors such as weight, space, vibration, temperature, moisture and off-gassing. Hermetic Solutions Group was founded in 2016 and is based in Pennsylvania, United States.

DEAL STATS #
Overall 3 of 4
Sector (Packaging) 3 of 3
Type (Merger) 3 of 3
State (Massachusetts) 1 of 1
Country (United States) 2 of 3
Year (2016) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-12-22 Hi-Rel Group

Norfolk, United Kingdom

Hi-Rel Group LLC is a provider of highly specialized hermetic packaging components used for mission-critical applications in the defense, optical networking, industrial and medical industries. Hi-Rel’s product offerings, which include lids, getters (absorbers), preforms, thermal spreaders and ring frames.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-01-05 Cristek Interconnects

Anaheim, California, United States

Cristek Interconnects, Inc. is a manufacturer of specialty interconnect products and assemblies. Cristek offers a comprehensive solution for hermetic packages, specialty connectors, cable assemblies, headers, lids, windows, thermal management materials, vacuum products, preforms, and laser systems and services. Cristek Interconnects was founded in 1985 is based in Anaheim, California.

Buy -
Mergr

Product

Company

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