LONDON, March 1, 2016 /PRNewswire/ --
Specialist M&A advisory firm Leith Mergers & Acquisitions Limited based in Dorking, Surrey, announce the completed sale of Cambridgeshire-based Union Four Electronics Limited to Californian electronics giant, OSI Systems INC
Leith Mergers & Acquisitions Limited (http://www.leithma.co.uk) - Completion Announcement - US based OSI Systems Inc. (http://www.osi-systems.com) acquires UK contract electronic manufacturer, Union Four Electronics Limited (http://www.u4electronics.co.uk) through its subsidiary company OSI (Holdings) Company Limited.
Leith Mergers & Acquisitions Limited is delighted to announce the acquisition by California headquartered OSI Systems of Union Four Electronics Limited, a leading contract electronics manufacturing company based in Cambridgeshire, UK. The completion of the deal took place recently.
Exact details of the transaction value will remain undisclosed but we are able to confirm that the deal was a 100% share sale.
Leith Mergers & Acquisitions Limited acted as exclusive advisors to Union Four Electronics Limited and its Shareholders. They generated a broad range of competitive bids for the Company from a number of UK Companies & International Corporations including corporate trade buyers, private equity and venture capital groups.
Leith Mergers & Acquisitions are delighted to have secured the deal for the Shareholders' of Union Four Electronics Limited and the senior management team including the founding Shareholders' will remain in place following the transaction. We would also like to congratulate OSI Systems and the employees and customers of both companies.
Managing Director of Leith Mergers & Acquisitions, David Nelson said: "This is an exceptional deal for all Stakeholders in Union Four. The future looks bright for the Company and its many customers and we are delighted to have played a part in the continued success of the business."
For further information please contact:
Leith Mergers & Acquisitions Limited
SOURCE Leith Mergers and Acquisitions