“This has been a highly complex transaction involving 10 jurisdictions. Cavendish has held our hands throughout the process, providing a dedicated team who have done a superb job; this has greatly reduced interruptions to our businesses whilst adhering to the original timetable. Cavendish has achieved a very successful sale at a fair price to a buyer who will enjoy significant strategic value...Michael Bostelmann | Group Managing Director of Fandstan Electric Group
“Cavendish played an invaluable role throughout a complex transaction and in particular getting the transaction across the finishing...Lee Mowle|Owner and CEO of Stewarts
“This deal provides an excellent platform for the Levolux business to continue its overseas expansion. As well as the compelling strategic fit, Alumasc provides an excellent home for the Levolux brand and team. We are delighted with the outcome and the support extended to us by...John Stern|Chairman, Levolux
Advatech Pacific has sold its Electronics and Communications Division (EC Division) to General Dynamics Mission Systems. Financial details have not been disclosed.
Advatech Pacific’s Electronics and Communications Division, located in Dayton, Ohio, designs and manufactures tactical, cyber-secure, cross-domain products. The business provides its TACDS™ and CenturionCDS™ cross-domain product lines to the US Department of Defense and international military customers.
General Dynamics Mission Systems, a business unit of General Dynamics, designs, manufactures and delivers communication and electronic warfare, networked command and control products and systems and trusted operational hardware to customers within the US Department of Defense, the intelligence community, federal and civilian agencies, and to international customers.
Advatech Pacific is an aerospace and defense firm that specializes in two areas, communication products and aerospace engineering services. Its aerospace engineering services include structural and design analysis, thermal analysis, mechanical design and manufacturing support. For communication products, the company specializes in tactical, cross-domain solutions.
Oaklins’ aerospace & defense specialist team in California acted as exclusive financial advisor to the seller in this transaction.