May 25, 2018
HiSonic Inc. of Olathe, Kansas was recently acquired by Gowanda Components Group of Gowanda, New York. Gowanda Components Group (GCG) was pleased to expand their offerings of RF and microwave passive magnetic components because of the acquisition.
“HiSonic’s designs, technologies and customers complement those within our Magnetics Division” said GCG CEO Don McElheny. “The synergy in our capabilities and applications will enable us to offer a broader range of innovative inductor and transformer solutions to design engineers in commercial, medical, microwave, military, space and other markets around the world.”
Terms of the deal were not disclosed but GCG has stated that HiSonic’s operations will remain in Olathe, Kansas. In addition to Olathe, GCG has four other production facilities located within the United States.
This is the seventh acquisition for GCG within the last six years.