Don McElheny, CEO, GCG stated that Butler’s products and capabilities complement Gowanda’s and gives the opportunity to enhance and grow the high performance inductor offerings in the global marketplace. “The synergy in our designs and applications will enable us to provide a broader range of innovative passive component solutions to design engineers in commercial, medical, microwave, military, space and other markets around the world.”
Terms of the deal were not disclosed but it is anticipated that the company will relocate from Butler, PA to GCG’s facilities in Arcade, NY in the near future. This is the fourth acquisition for GCG within the last five years.
