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Sparton Corp. shareholders have approved the adoption of the previously announced Agreement and Plan of Merger dated as of July 7, 2017 by and among Sparton, Ultra Electronics Holdings plc and Ultra Electronics Aneira Inc.
The transaction remains subject to certain other customary closing conditions and the parties continue to work towards completion of the transaction.
Sparton Corporation (NYSE:SPA), now in its 118th year, is a provider of complex and sophisticated electromechanical devices with capabilities that include concept development, industrial design, design and manufacturing engineering, production, distribution, field service, and refurbishment. The primary markets served are Medical & Biotechnology, Military & Aerospace, and Industrial & Commercial. Headquartered in Schaumburg, IL, Sparton currently has thirteen manufacturing locations and engineering design centers worldwide. Sparton’s Web site may be accessed at www.sparton.com.