ARC Wireless Solutions to acquire Advanced Forming Technology - MarketLine Financial Deals

ARC Wireless Solutions to acquire Advanced Forming Technology

ARC Wireless Solutions to acquire Advanced Forming Technology - MarketLine Financial Deals
ARC Wireless Solutions to acquire Advanced Forming Technology
Published Mar 30, 2011
2 pages — Published Mar 30, 2011
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...ARC Wireless Solutions, Inc. (ARC) has signed of definitive agreement to acquire Advanced Forming Technology, Inc. (AFT) including its assets and operations in Hungary for a consideration of $43 million in a combination of cash and a convertible promissory note. ARC is a provider of wireless network component and wireless network solutions. AFT is a manufacturer of precision metal injection molded parts for the automotive, aerospace, medical, firearms, and consumer markets. Both the companies are based in the US. Concurrently, ARC has also signed an agreement to acquire Quadrant Metals Technologies, LLC. Pursuant to the transaction, ARC will be renamed as ARC Group Worldwide, Inc. and will be a diversified manufacturing holding company with operations in Colorado, Florida, Pennsylvania, Texas, Minnesota, China and Hungary. The transaction, which is expected to be completed in the second quarter of 2012 subject to regulatory and shareholder approval, is also anticipated to involve a 1-for-1.95...

  
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MA106823_120423
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MarketLine Financial Deals—MarketLine Financial Deals – Identifying and tracking major financial activity across our full scope of company and sector coverage, MarketLine Financial Deals covers mergers & acquisitions, private equity/venture capital backed buyouts, investments, and exits, IPOs and secondary and follow on offerings, and private placements and exits. Additional non-corporate financial deals including partnership agreements, joint ventures, co-development and research, licensing and co-marketing agreements are also available.

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MLA:
MarketLine Financial Deals. "ARC Wireless Solutions to acquire Advanced Forming Technology" Mar 30, 2011. Alacra Store. Dec 11, 2016. <http://www.alacrastore.com/storecontent/MarketLine-Financial-Deals/ARC-Wireless-Solutions-to-acquire-Advanced-Forming-Technology-2052-80524>
  
APA:
MarketLine Financial Deals. (2011). ARC Wireless Solutions to acquire Advanced Forming Technology Mar 30, 2011. New York, NY: Alacra Store. Retrieved Dec 11, 2016 from <http://www.alacrastore.com/storecontent/MarketLine-Financial-Deals/ARC-Wireless-Solutions-to-acquire-Advanced-Forming-Technology-2052-80524>
  
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