Excelitas Signs Agreement to Acquire Luxium Solutions
Excelitas, a leading provider of advanced technologies for the life sciences, industrial, semiconductor, and avionics sectors, has signed a definitive agreement to acquire Luxium Solutions.
According to Michael Cahill, CEO, “Luxium Solutions has undergone an accelerated systematic transformation with the continued support of SK Capital Partners and Edgewater Capital Partners. During this period, we acquired PLX and Inrad Optics, expanded our footprint in India, and streamlined our operations. In parallel, we have invested in manufacturing improvements with the mission of better servicing our customers. We are excited to join the Excelitas platform, which is well aligned with our markets, customers, engineering development processes, and global business infrastructure.”
This is an exciting milestone for our company. We look forward to combining our capabilities and continuing to deliver exceptional value to our customers.