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Gresham Worldwide, a subsidiary of DPW Holdings, closed the acquisition of all outstanding shares of Relec Electronics Ltd., a UK-based provider of power conversion and display technology solutions. The deal closed on November 30, 2020.
Coolisys Technologies, through its subsidiary Enertec Systems 2001, received a $2.9 million contract from a leading defense and aerospace OEM to develop and manufacture a satellite testing system for its space division.
Coolisys Technologies completed its acquisition of Enertec Systems 2001 Ltd. for approximately $4.7 million in cash plus assumed debt of $4.3 million, expanding its aerospace and defense capabilities.