First Switchtech (STPI - REL)

Completed Date

2022-12-06

Sector

Industrials

Deal Type

Company sale

Value

Not disclosed

Company bio

First Switchtech was one of the two worldwide leaders of
hermetically sealed relays for harsh environments (aerospace, defense, energy). The Group was born in 1997 with the acquisition of STPI and has developed through organic growth and acquisitions with the purchase of the former relays division of Company Deutsch (DRI USA and India and REL Orléans), in 2008. A first operation has occured in 2020 with the disposal of DRI, the American and Indian subsidiary to TE Connectivity.

Deal Summary

Disposal of French activities of First Switchtech following the previous disposal of American and Indian Activities

Deal Contacts

Raphael Brenier

Raphael Brenier's avatar

Aurignac Finance is the exclusive French partner of Mergers Alliance

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