CHICAGO, 5 April 2012. Executives of the Heico Companies LLC, a holding company in Chicago for businesses involved in manufacturing, construction, and industrial services, has acquired electronics thermal management specialist Wakefield Solutions Inc. in Pelham, N.H., to boost Heico's expertise in electronics cooling technologies.
Heico officials primarily are interested in combining Wakefield Solutions expertise in thermal management with Heico-owned Ohmite Manufacturing Co. in Arlington, Heights, Ill., which specializes in power resistors for high-current, high-voltage and high-energy uses in military, avionics, transportation, medical, and general industrial applications.
"This acquisition will provide the power electronics market with a one-stop shop for complete thermal solutions," says Steve Frediani, group president of Heico's Ancra Group of companies, which owns and operates Wakefield and Ohmite.
The acquisition of Wakefield, which designs and builds thermal management solutions such as extruded heat sinks, active cooling components, stamped and low power heat sinks, and precision compression mounted clamp systems, will complement Ohmite's resistors, company officials say.
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