Abracon LLC, has completed the acquisition of AEL Crystals Ltd, a privately held frequency control supplier headquartered in Surrey, England.
“We are excited to join these two frequency control companies together as we enhance our presence in the European market with the addition of a very knowledgeable AEL team. One key strategic objective for Abracon has been to position a hard site in Europe with a service center. The addition of AEL fulfills this objective as the AEL corporate headquarters in the UK will transform into the Abracon European service center,” said Mike Calabria, Abracon’s president and CEO.
With the acquisition of AEL Crystals, Abracon will be able to further expand its frequency control and timing devices portfolio as well as expand Abracon’s physical presence in the European market. Integrating AEL’s range of products into Abracon’s existing portfolio will strengthen Abracon’s ability to provide the latest technical design support and global supply chain flexibility to solve customers’ unique challenges of today,” the company said in a statement.
“We, at AEL Crystals Ltd, are delighted to become part of the Abracon family,” said Gary Ramsdale, managing director of AEL. “We have long recognised that both AEL Crystals and Abracon share the core values of customer service, an unparalleled range of frequency control products and a reputation for reliability. We look forward to bringing these principles to the European market.”
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