TT Electronics Acquires Torotel

Cicor Technologies to Acquire TT Electronics in £287 Million Deal

November 2, 2025

Industrial Services

Cicor Technologies announced its firm intention to acquire UK-based TT Electronics plc for an equity value of approximately CHF 303 million (around £287 million). TT shareholders will receive 100 pence in cash plus 0.0028 Cicor shares per TT share, and TT will delist from the London Stock Exchange upon completion.

Toromont Industries Acquires 60% Stake in AVL Manufacturing Inc.

February 3, 2025

Manufacturing

Toromont Industries Ltd. has acquired a 60% ownership stake in AVL Manufacturing Inc., a Hamilton, Ontario-based designer and fabricator of power generation and energy storage enclosures that serves the data centre market across eastern North America. The purchase was paid in cash and Toromont shares, and Toromont has committed to buying the remaining 40% by agreed dates through 2031 based on performance; the acquisition secures supply for Toromont Power Systems and is not expected to have a material near-term impact on combined results.

Teledyne Acquires Select Aerospace and Defense Electronics Businesses from Excelitas

February 3, 2025

Aerospace & Defense

Teledyne Technologies agreed to acquire select aerospace and defense electronics businesses from Excelitas Technologies for approximately $710 million in cash. The deal includes Excelitas’ Optical Systems (Qioptiq) business in Northern Wales, UK and its U.S.-based Advanced Electronic Systems (AES) business, which will be integrated into Teledyne’s Aerospace and Defense Electronics segment.

Amphenol Acquires PCTEL for About $139.7 Million

October 16, 2023

Telecommunications

PCTEL, a provider of wireless technology solutions, announced it reached a definitive agreement to be acquired by Amphenol Corporation in an all-cash transaction valued at approximately $139.7 million. PCTEL shareholders will receive $7.00 per share, and the deal is expected to close in Q4 2023 or early 2024, subject to stockholder approval and customary closing conditions.

TTM Technologies Acquires Telephonics Corporation from Griffon

June 27, 2022

Aerospace & Defense

TTM Technologies completed the acquisition of Telephonics Corporation from Griffon Corporation for $330 million in cash (subject to post-closing adjustments). The deal transfers Griffon’s long‑time avionics and RF business to TTM to expand its aerospace and defense capabilities; Lazard advised Griffon and J.P. Morgan advised TTM on the transaction.

Curtiss-Wright Acquires Teletronics Technology Corporation for $233M

January 4, 2017

Aerospace & Defense

Curtiss-Wright Corporation has completed the acquisition of Teletronics Technology Corporation (TTC) for $233 million in cash. TTC, a Newtown, Pennsylvania–based designer and manufacturer of data acquisition and flight test instrumentation systems (approximately 225 employees), will operate within Curtiss-Wright's Defense segment to broaden its data acquisition product portfolio and expand geographic reach.