CPI Econco Division acquires business of Freeland Products
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[February 14, 2012]

CPI Econco Division acquires business of Freeland Products

Feb 14, 2012 (Datamonitor Financial Deals Tracker via COMTEX) -- CPI Econco Division, engaged in rebuilt of power tubes and a wholly-owned subsidiary of Communications & Power Industries LLC (CPI), has acquired the business of Freeland Products, Inc., a company that repairs and rebuilds vacuum electron devices for the communications, industrial, scientific and medical markets.


CPI is a developer and manufacturer of products used to generate, amplify, transmit and receive high-power/high-frequency microwave and radio frequency signals and/or provide power and control for various applications. All the entities are based in the US.

Under the terms of the agreement, CPI Econco Division has acquired all of the inventory, equipment, supplies and substantially all of the other assets of Freeland Products.


The acquisition was funded entirely from CPI's cash on hand.

Deal Type Acquisition Sub-Category Asset Purchase Deal Status Completed: 2012-02-13 Deal Participants Target (Company) Freeland Products, Inc. - Assets Acquirer (Company) CPI Econco Division Vendor (Company) Freeland Products, Inc.

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