ATLANTA -- East West Manufacturing today announced it has acquired Varitron, an electronics manufacturing services provider based in Montreal.

Financial terms were not disclosed. The acquisition enhances the growth of East West by adding an established nearshore operation in Canada and advances the company’s strategic focus on growing its North American electronics manufacturing capabilities, East West said in a press release.

Varitron was founded in 1991 and operates four facilities in the Montreal area. It also owned a factory in New Hampshire, which it sold to Intervala in December 2019

The deal was financed by Heritage Growth Partners.

"We are excited to partner with Varitron to expand our integrated design, manufacturing and distribution services into Canada.” said Scott Ellyson, co-founder and CEO, East West. “Varitron has an extraordinary reputation for putting customers first and has an established presence for innovation in a variety of high-growth sectors such as medical, industrial, telecommunications and defense. Varitron allows us to offer our customers even greater nearshore, higher-mix, lower-volume, quickturn electronic manufacturing services. With the addition of Varitron’s rapid prototyping and strong R&D capabilities, and our collective design, manufacturing and supply chain capabilities, we can support customers from product inception to full-scale production on a global basis.”

East West Board Member Bob Nardelli said, “Expanding the company’s operations to Canada is another important step in our strategy of building our portfolio by offering diverse solutions to our growing customer base around the world.”

“The existing leadership team and associates here at Varitron are excited about becoming part of the East West family and will continue in their current roles in support of our customer," said Michel Farley, founder and chairman, Varitron. "While it maintains its Montreal leadership team, the combined company will allow our customers access to increased resources, expertise and production, allowing us to further support their growth.”

Varitron has annual revenues in the range of $100 to $125 million.

With the acquisition, East West continues its strategy of buying up small- to medium-sized EMS companies  It also purchased Universal Electronics in September 2020, Team Manufacturing in 2018, and General Microcircuits and Adcotron in 2019.

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