CHICAGO-Boldt Metronics International (BMI) has been acquired by Laird Technologies for $28.7 million in cash and the assumption of $1 million of long-term capital equipment leases.
Laird plans to combine technical, geographic and human resources from both companies and merge product lines in an attempt to continue uninterrupted service and support to all customers.
“The combination of these two companies brings synergies of products, market access, and technical expertise that will deliver additional value to our customers,” said Martin Rapp, chief executive officer of Laird. “Together we will continue our growth and success by selling through our combined resources, expanding manufacturing capabilities around the world, and delivering the fastest service for high-quality EMI products in the industry.”
