Micro Power Electronics (now Electrochem Solutions, Inc.)
www.electrochemsolutions.comNOTE: Micro Power Electronics, Inc. was aquired by Electrochem Solutions, Inc. in late 2011. Please visit http://www.linkedin.com/company/582890 Electrochem Announces Completion of Micro Power Electronics Acquisition CLARENCE, N.Y.--(BUSINESS WIRE)--Electrochem Solutions, Inc., a subsidiary of Greatbatch, Inc. (NYSE:GB), today announced that it has successfully completed its previously announced acquisition of Micro Power Electronics. In connection with this transaction, Electrochem paid $60 million in cash and assumed debt and certain transaction-related payments and expenses. Greatbatch financed this acquisition with cash on hand and borrowed $45 million under its revolving credit facility.
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NOTE: Micro Power Electronics, Inc. was aquired by Electrochem Solutions, Inc. in late 2011. Please visit http://www.linkedin.com/company/582890 Electrochem Announces Completion of Micro Power Electronics Acquisition CLARENCE, N.Y.--(BUSINESS WIRE)--Electrochem Solutions, Inc., a subsidiary of Greatbatch, Inc. (NYSE:GB), today announced that it has successfully completed its previously announced acquisition of Micro Power Electronics. In connection with this transaction, Electrochem paid $60 million in cash and assumed debt and certain transaction-related payments and expenses. Greatbatch financed this acquisition with cash on hand and borrowed $45 million under its revolving credit facility.
Read moreCountry
State
Oregon
City (Headquarters)
Beaverton
Founded
1985
Estimated Revenue
$10,000,000 to $50,000,000
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