M&A Deal Summary

STRAN Technologies Acquires Shane Industries

On January 10, 2014, STRAN Technologies acquired metals/mining company Shane Industries

Acquisition Highlights
  • This is STRAN Technologies’ 1st transaction in the Metals/Mining sector.
  • This is STRAN Technologies’ 1st transaction in the United States.
  • This is STRAN Technologies’ 1st transaction in New York.

M&A Deal Summary
Date 2014-01-10
Target Shane Industries
Sector Metals/Mining
Buyer(s) STRAN Technologies
Deal Type Add-on Acquisition

Target

Shane Industries

Poughkeepsie, New York, United States
Shane Industries, Inc. is a manufacturer of reels for fiber optic and metal cables.

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Buyer(S) 1

Buyer

STRAN Technologies

Naugatuck, Connecticut, United States
Category Company
Founded 1997
Sector Electrical Equipment
DESCRIPTION

STRAN Technologies, Inc. is a producer of harsh environment and tactical interconnect products and services. STRAN serves the military/aerospace and oil/gas industries. Company is an OEM designer and manufacturer of rugged fiber-optic and hybrid fiber/power connectivity solutions.

DEAL STATS #
Overall 1 of 1
Sector (Metals/Mining) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (New York) 1 of 1
Country (United States) 1 of 1
Year (2014) 1 of 1
Mergr

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