M&A Deal Summary

Lithion Group Acquires Aved Electronics

On August 28, 2019, Lithion Group acquired electrical equipment company Aved Electronics

Acquisition Highlights
  • This is Lithion Group’s 1st transaction in the Electrical Equipment sector.
  • This is Lithion Group’s 1st transaction in the United States.
  • This is Lithion Group’s 1st transaction in Massachusetts.

M&A Deal Summary
Date 2019-08-28
Target Aved Electronics
Sector Electrical Equipment
Buyer(s) Lithion Group
Deal Type Add-on Acquisition
Advisor(s) MFA Capital Advisors (Financial)

Target

Aved Electronics

North Billerica, Massachusetts, United States
Aved Electronics is an experienced battery pack manufacturing, cable, and harness assembly and electro-mechanical box-build business that primarily serves the medical, defense, robotics and communications industries in the United States.

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Buyer(S) 1

Buyer

Lithion Group

Henderson, Nevada, United States
Category Company
Founded 1998
Sector Electrical Equipment
DESCRIPTION

Lithion Group engages in business of designing, developing, manufacturing, and selling primary lithium thionyl chloride, lithium sulfuryl chloride, lithium CFX, and lithium CFX Mno2 cells and packs. Lithion Power Group manufactures non-rechargeable primary lithium cells specifically designed to work in high vibration/shock environments with temperature ratings of up to 225°C. Lithion Group was founded in 1998 and based in Henderson, Nevada.

DEAL STATS #
Overall 1 of 1
Sector (Electrical Equipment) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Massachusetts) 1 of 1
Country (United States) 1 of 1
Year (2019) 1 of 1
Mergr

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