M&A Deal Summary

Hi-Rel Group Acquires Sofield Manufacturing Co.

On January 14, 2016, Hi-Rel Group acquired metals/mining company Sofield Manufacturing Co.

Acquisition Highlights
  • This is Hi-Rel Group’s 1st transaction in the Metals/Mining sector.
  • This is Hi-Rel Group’s 1st transaction in the United States.
  • This is Hi-Rel Group’s 1st transaction in New Jersey.

M&A Deal Summary

Date 2016-01-14
Target Sofield Manufacturing Co.
Sector Metals/Mining
Buyer(s) Hi-Rel Group
Deal Type Add-on Acquisition

Target

Sofield Manufacturing Co.

Ridgefield Park, New Jersey, United States
Sofield Manufacturing Co. is a machine shop involved in manufacturing precision metal components for the microelectronic packaging industry.

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Buyer(S) 1

Buyer

Hi-Rel Group

Norfolk, United Kingdom

Category Company
Founded 1976
Sector Packaging
DESCRIPTION

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.


DEAL STATS #
Overall 1 of 1
Sector: Metals/Mining M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: New Jersey M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2016 M&A 1 of 1