Electrical Components International Acquires Promark Electronics

July 6, 2021

Electrical Components International (ECI), a Cerberus-backed supplier of wire harnesses and electrical sub-assemblies, has acquired Promark Electronics, a Montreal-based manufacturer of wire harnesses, cable and electromechanical assemblies including high-voltage assemblies for commercial electric vehicles. The Knecht family will continue to lead Promark’s team as ECI expands its ProEV/high-voltage capabilities and manufacturing footprint in Montreal to support growing demand in e-mobility and adjacent markets.

Buyers
Electrical Components International, Inc., Cerberus Capital Management, L.P.
Targets
Promark Electronics Inc.
Sellers
Knecht Family
Platforms
Electrical Components International, Inc.
Industry
Manufacturing
Location
Quebec, Canada
Transaction Type
Addon

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