CMC Electronics Incsells military division

Guest Contributor
October 7, 2002

CMC Electronics Inc (formerly Canadian Marconi Co) has sold its Montreal-based military communications business unit to Ultra Electronics Holdings plc, Greenford UK. The two firms have signed multi-year agreements for components and manufacturing and office space so that Ultra will continue to operate at the Montreal facility. CMC is owned by ONCAP lp, an Onex Corp-led investment fund....


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