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Sparton Corporation (SPA) Completes Acquisition of Delphi Medical Systems Corporation (DPH) Contract Manufacturing Business


8/9/2010 9:57:30 AM

SCHAUMBURG, Ill.--(BUSINESS WIRE)--Sparton Corporation (NYSE: SPA), a supplier of complex and reliable electronic and electro-mechanical products, sub-assemblies and related services to the highly regulated Medical, Defense & Security, and Aerospace markets announces that on August 6, 2010 its wholly owned subsidiary, Sparton Medical Systems Colorado, LLC, completed its previously announced acquisition of certain assets related to the contract manufacturing business of Delphi Medical Systems, LLC (“Delphi Medical”). The all-cash transaction is valued at approximately $8.0 million.

Read at BioSpace.com

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