VALENCIA, CA -- Fralock Holdings today announced the acquisition of Lenthor Engineering, a privately owned manufacturer of flex and rigid-flex printed circuits.

Terms of the deal, which was financed by Arsenal Capital Partners, were not disclosed.

Lenthor provides design, fabrication and assembler services to the defense and aerospace, medical device, industrial, telecom, and semiconductor industries.

"Lenthor's advanced capabilities in flexible circuit design and manufacturing, and its leading position in high-value market segments make it a perfect complement to Fralock's core business," said Marc Haugen, CEO, Fralock Holdings. "We believe that Lenthor's expertise and strong executive team, as well as its strong strategic customer relationships especially in our overlapping market segments, makes Lenthor an excellent addition to our expanding engineered materials solutions platform."

Fralock's applications are used in a variety of ways that impact our lives, including equipment used to manufacture semiconductors, medical treatment, imaging and patient monitoring devices, and defense applications, satellite and spacecraft components. The acquisition will enable Fralock to expand its market position and to better serve its existing end-markets from the products created by Lenthor, the companies said in a press release.

"My team and I take extreme pride in building complex flex assemblies and providing full end-to-end capabilities that deliver plug and play solutions, eliminating the need for additional contract manufacturing," said Mark Lencioni,[President, Lenthor. "We know that Fralock shares our commitment to excellence, superior products and customer service. We look forward to working closely with Marc and his team to continue to nurture our valued customer relationships and develop new ones."

Lenthor has more than 160 employees and is the third-largest flex circuit manufacturer in the US.

Established in 1967, Fralock Holdings is a design, engineering and manufacturing company serving the aerospace, defense, medical, life science, semiconductor and other high reliability markets. Its companies include Fralock, Career Technologies USA, Mapson Engineering, Oasis Materials, Oasis Precision, Stratemet and Ceramic Tech.

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