discoverIE Group Acquires Phoenix America, Inc.

October 13, 2020

discoverIE Group plc acquired Phoenix America, Inc., a Fort Wayne, Indiana-based designer and manufacturer of magnetic encoders and sensors. The acquisition closed on October 13, 2020 for an undisclosed amount; discoverIE said Phoenix is a strategic fit within its Design & Manufacturing division to drive product, customer and geographic synergies.

Targets
Phoenix America, Inc.
Industry
Manufacturing
Location
Indiana, United States
Transaction Type
Buyout

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