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Electronics Production | January 03, 2007

Souriau acquires PA&E

Souriau SAS, has signed a binding agreement for the acquisition of the US operations of Pacific Aerospace & Electronics Inc.
The transaction remains subject to US governmental authorizations and is expected to be completed by March 2007.

Based in Wenatchee, Washington, the US operations of Pacific Aerospace & Electronics (PAE) design and manufacture technically demanding hermetic connectors, ceramic and metal components and assemblies, and advanced microelectronic packages. PAE's performance-critical components are used in harsh operating environments common to the defense, aerospace, oil and medical industries.

PAE has developed a number of advanced and proprietary technologies, such as ceramic-to-metal hermetic sealing and an explosive metal bonding process applied to connexion systems.

The company has approximately 170 employees and generates approximately $21 million in annual revenue.

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