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Kitron Inc acquires API Defense USA

Kitron, Inc., a subsidiary of Kitron ASA, has acquired API Defense USA Inc, PE Hub reported. Financial terms of the transaction were not announced. The seller is Florida-based API Technologies Corp., a manufacturer of systems, modules, and components for RF microwave, electromagnetic, power, and security applications. Windber, Pennsylvania-based API Defense USA Inc is its electronics manufacturing services business. Canaccord Genuity served as financial adviser to API on the transaction and Jones Day and Miller & Chevalier provided legal counsel.

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Mergers and Acquisitions,M&A,M&A deals