Firan Technology Group Corporation Acquires Colonial Circuits, Inc.
July 5, 2019
Firan Technology Group Corporation (FTG) has completed the acquisition of 100% of the shares of Virginia-based printed circuit board manufacturer Colonial Circuits, Inc. FTG paid approximately $4M CAD in cash (subject to adjustments); Colonial reported annual sales of CAD 7–9M and the transaction received CFIUS approval to add U.S. manufacturing capacity for FTG's aerospace and defense customers.
- Targets
- Colonial Circuits, Inc.
- Industry
- Manufacturing
- Location
- Virginia, United States
- Transaction Type
- Buyout
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