# Dexter Magnetic Holdings acquires Magnetic Component Engineering

Dexter Magnetic Holdings, parent of Dexter Magnetic Technologies, acquired Magnetic Component Engineering of Torrance, California. Financial terms were not disclosed.

- Type: Acquisition
- Announced: 2022-03-21
- Where: Torrance, California, United States
- Status: completed
- Products: permanent magnets, magnetic assemblies
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Automation and Robotics](https://endata.com/sectors/automation-robotics.md), [Medical Devices](https://endata.com/sectors/medical-devices.md), [Aerospace Components](https://endata.com/sectors/aerospace-components.md), [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Tinicum](https://endata.com/companies/13189.md) (investor)
- [Dexter Magnetic Holdings](https://endata.com/companies/71119.md) (acquirer)
- [Magnetic Component Engineering](https://endata.com/companies/71120.md) (target)

## Sources

- [nsmedicaldevices.com](https://www.nsmedicaldevices.com/pressreleases/dexter-magnetic-holdings-acquires-magnetic-component-engineering/), 2023-06-28: "In selecting an acquiror, I looked for a company that aligned fully with MCE's mission, who valued quality, precision, and customer satisfaction."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.