Announcement of Photo Etch Divestiture
MINNEAPOLIS, March 21, 2016 – Atrenne Integrated Solutions® announced today that it has sold substantially all of the assets and liabilities of Photo Etch to Firan Technology Group Corporation.
“Atrenne Integrated Solutions has evolved rapidly over the last 18 months, re-focusing on our core businesses and positioning ourselves as a premier supplier of rugged integrated electromechanical systems for harsh environments,” said Jan Erik Mathiesen, Atrenne’s Chief Executive Officer. “Additionally, the transaction enables us to position ourselves for sustained growth by investing in new product development. We are focused on exceeding our customers’ expectations by continuing to provide industry leading quality and delivery metrics.”
Located in Fort Worth, Texas, Photo Etch designs and manufactures a full portfolio of integrally lit displays, control panels, electronic assemblies and simulator solutions. The company adheres to strict quality controls to conform to the most stringent aerospace and defense requirements and has delivered tens of thousands of solutions worldwide.