31 Mar '12, 1pm

Ohmite acquires Wakefield Solutions

Resistor supplier Ohmite Manufacturing , Arlington Heights IL, has acquired Wakefield Solutions , a designer and manufacturer of thermal management solutions and aluminum extrusions for numerous industries. The acquisition was made via Ohmite’s corporate parent, Heico Company LLC, a Chicago based acquisition firm that invests in traditional manufacturing companies worldwide. Founded in 1925, Ohmite specializes in manufacturing and supplying power resistors to the medical, military, transportation, avionics, and general industrial sectors. Wakefield, headquartered in Pelham NH, has high penetration in similar markets. Wakefield’s fabrication products include extruded heat sinks, active cooling components, stamped and low power heat sinks, and precision compression mounted clamp systems. Kevin Kreger, former VP operations at Ohmite, will assume the role of president of Wakef...

Full article: http://www.ept.ca/news/ohmite-acquires-wakefield-solution...

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