Divestiture • Machinery

Winchester Interconnect Acquires Tekna Seal

On September 30, 2016, Winchester Interconnect acquired machinery company Tekna Seal from ARC Group Worldwide

Acquisition Context
  • This is Winchester Interconnect’s 1st transaction in the Machinery sector.
  • This is Winchester Interconnect’s 10th transaction in the United States.

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M&A Deal Summary

Date September 30, 2016
Target Tekna Seal
Sector Machinery
Buyer(s) Winchester Interconnect
Sellers(s) ARC Group Worldwide
Deal Type Divestiture

Target Company

Tekna Seal

Minneapolis, United States
Tekna Seal LLC is a producer of high performance hermetic connectors. Its products are primarily used in the medical, military and aerospace end markets.
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Buyer Overview 1

Buyer

Winchester Interconnect

Wallingford, Connecticut, United States

Category Company
Founded 1941
Sector Electrical Equipment
DESCRIPTION

Winchester Interconnect is a provider of custom engineered interconnect solutions for diverse, growing end markets requiring high reliability and application specific expertise. Winchester designs and manufactures RF coaxial, board-to-board and power interconnects, as well as cable assemblies, for the telecommunications, computer, and test & measurement industries.


Deal Context for Buyer #
Overall 10 of 13
Sector: Machinery 1 of 1
Type: Divestiture 2 of 3
Country: United States 10 of 12
Year: 2016 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-11-17 SRI Hermetics

Melbourne, Florida, United States

SRI Hermetics, Inc. is a supplier of ceramic hermetic connectors and hermetic packaging. Company offers multi-pin connectors, coaxial connectors, packages, custom seals, and vacuum products.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-01-03 C&M

Wauregan, Connecticut, United States

C&M Corp. is a designer and manufacturer of wire & cable and coil cords for performance-critical applications. The company serves blue-chip customers across a variety of growing markets including industrial automation, medical and military. C&M Corporation has over 50 years of experience designing and manufacturing wire and cable, coil cords, and cable assembly solutions for mission and performance critical applications which simply cannot fail.

Buy -

Seller Profile 1

SELLER

ARC Group Worldwide

Deland, Florida, United States

Category Company
Sector Manufacturing
Employees700
Revenue 82M USD (2014)
DESCRIPTION

ARC Group Worldwide, Inc. is a global advanced manufacturing and 3D printing service provider.


Deal Context for Seller #
Overall 1 of 1
Sector: Machinery 1 of 1
Type: Divestiture 1 of 1
Country: United States 1 of 1
Year: 2016 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-06-24 Kecy

Hudson, Michigan, United States

Kecy Corp. is a manufacturer of metal stamping. Kecy supplies customers in a range of industries with high quality, high precision metal stampings, specializing in quality and design capabilities.

Buy $26M

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