Announcements
Radiall Acquires AEP
Industry Leading Miniature RF Coaxial Connectors Company Expands Radiall's Mil/Aero Market Share
Vancouver, WA. Mai 11, 2005 : Radiall, a global leader manufacturer of interconnection products, announced today that it has acquired through its subsidiary Radiall-America, inc. all the shares of Applied Engineering Products, Inc. (AEP), a privately held company, leading manufacturer of Miniature RF and Microwave Connectors. The acquisition is part of Radiall's continuing plan to firm up a leadership position within the Defense and Aerospace industries.
"AEP's entire management team and employees are delighted to be part of the Radiall family. AEP and Radiall share the same vision and commitment to provide industry leading interconnection products. Customers will continue to receive the level of exceptional customer service they have come to expect from AEP while benefiting from the enhanced synergies that come from being part of a larger worldwide organization," said André Hernandez, Radiall-America's CEO, now also president and CEO of AEP.
"We continue to execute our strategic plan," said Pierre Gattaz, president and CEO of the Radiall Group. "Our mission is to lead in the development and distribution of high value interconnection products. The acquisition of AEP with its exceptional products and management team will help us accomplish that mission," added Gattaz.
Terms of the acquisition were not disclosed
About AEP:
AEP, founded in 1973 and based in New Haven, CT, is an industry-leading provider of RF and Microwave connectors. AEP has long been recognized as an excellent employer and a great corporate citizen of the city.
AEP ranks among the largest suppliers of sub-miniature coaxial connectors, with a product strength and breadth, which few companies can match. The company's products are principally sold to major aerospace, defense, and commercial avionics OEM's.
AEP headquarters are located at 104 John W. Murphy Drive, New Haven, CT 06513
Telephone: 203-776-2813.
Web: www.aep.us
About Radiall:
Radiall, founded in 1952, is recognized as a global manufacturer of interconnection products serving a very similar customer base to that of AEP.
Radiall also owns Radiall-Jerrik located in Tempe, AZ, which manufactures Multipin connectors for the military and aerospace markets and Radiall-Larsen based in Vancouver, WA, which manufactures Antennas for the military, automotive and telecommunication markets.
Radiall is also a leading provider of RF Coaxial connectors and Cable-Assemblies, Microwave passive components, and Fiber Optic connectors.
Radiall-America, Inc. headquarters are located at 3611 NE 112th Avenue Vancouver, WA 98682.
Telephone: 360-944-7551.
Web: www.radiall.com
For further information contact:
André Hernandez
CEO
Radiall-America, Inc.
480-332-6373
andre.hernandez@radiall.com
Denis Bley
CFO
Radiall
011.33.1.49.35.35.72
denis.bley@radiall.com