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JACKSON, MI -- Electronics manufacturing services provider Sparton Corp. has signed a letter of intent to acquire Astro Instrumentation, a maker of medical test equipment. Strongsville, OH-based Astro is privately owned and had 2005 sales of $33.6 million. The deal is expected to close by June 30 and is subject to due diligence. No financial terms were announced.

Astro designs and manufactures a variety of specialized medical products, including laboratory test equipment. The company operates a 40,000 sq. ft. facility in Ohio.

Sparton will run the business as a wholly-owned subsidiary at its present location and retain current management and staff. The acquisition is subject to the completion of a due diligence review and execution of a definitive purchase agreement.


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