Deal Snapshot
ADAPTAS SOLUTIONS TO ACQUIRE L3HARRIS BUSINESS
Friday 28 February 2020

US contract design and manufacturing company Adaptas Solutions, LLC, has entered into an agreement to acquire the applied kilovolts and analytical instrumentation business of Florida-based L3Harris Technologies (NYSE: LHX), to deepen product offerings and expand global manufacturing to include Europe, the company said.

These strategic acquisitions expand Adaptas' mass spectrometer component product offering and allow the company to continue to build its position in mass spectrometry components, subassemblies and contract manufacturing.


TKUqg0 http://www.FyLitCl7Pf7kjQdDUOLQOuaxTXbj5iNG.com
Details
Date Published: 28/02/2020
Target: L3Harris Technologies/applied kilovolts and analytical instrumentation business
Country: USA
Sector: Electronics
Type: LBO
Financing:
Status: Agreed
Vendor: L3Harris Technologies
Buyer: Adaptas Solutions, LLC
Comment:
Terms of the deal were not disclosed

Options