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Astrodyne Corporation Acquires Jerome Industries

Dépèche transmise le 2 mai 2011 par Business Wire

Astrodyne Corporation Acquires Jerome Industries

MANSFIELD, Mass.--(BUSINESS WIRE)--Astrodyne Corporation, a leading provider of power solutions, announced it has completed the acquisition of Jerome Industries (“Jerome”). Since 1964, Elizabeth, New Jersey-based Jerome has been a supplier of modified custom and standard power supplies as well as battery chargers and transformers for the medical, military and industrial markets. Jerome will continue to design and manufacture products at its New Jersey facility; however, these functions will be supported by Astrodyne operations worldwide.

Peter Murphy, President and CEO of Astrodyne commented, “Astrodyne continues to augment its organic growth with acquisitions that expand its product line and increase penetration into target markets. Jerome was founded by the well known engineer and entrepreneur John DiGirolamo, who has built a company with a rich tradition of technical innovation and manufacturing excellence. We are truly excited about bringing Jerome to the Astrodyne team because of their superior product portfolio, focus on unique power solutions and extensive history of supporting the leading companies in the medical industry.”

For more information, please visit our website at www.astrodyne.com or call 800-823-8082.

Landing Page URL:

http://www.astrodyne.com/Astrodyne_Acquires_Jerome_Industries.asp

About Astrodyne Corporation

Astrodyne Corporation, a portfolio company of Audax Group, headquartered in Mansfield, Massachusetts, designs and manufactures power conversion solutions worldwide. With over 4,000 cost-effective standard and modified standard products, Astrodyne’s power solutions span a broad array of markets and applications. Our industry-leading phone and instant online technical support delivers rapidly engineered solutions in response to each customer’s unique power requirements. For more information about Astrodyne Corporation and its products, please visit the company's web site at www.astrodyne.com or contact us at 1-800-823-8082.

About Jerome Industries

Jerome Industries, a family-owned business with over 40 years experience, headquartered in Elizabeth, New Jersey, manufactures RoHS-compliant wall plug-in, desktop and open frame style power adapters up to 250W consisting of switch mode power supplies, CF low leakage switch mode power supplies, linear mode power supplies, unregulated power supplies, transformers, battery chargers, military grade power supplies and custom power supplies. Jerome’s reputation has been built on the prompt attention to details for engineering, prototyping, high or low volume production in the medical, military, and industrial markets. For more information about Jerome products, please visit www.jeromeindustries.com or www.astrodyne.com.