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East West Manufacturing, LLC, a global design, manufacturing and distribution services business, announced that it has acquired Varitron, Inc., a provider of integrated electronics manufacturing services, including advanced printed circuit board assemblies, box-build assemblies, testing and new product introduction services. Varitron was founded in 1991 and operates four facilities in and around Montreal, Canada. This acquisition further enhances the growth of East West by adding a well-established nearshore operation in Canada and advances the Company’s strategic focus on growing its North American electronics manufacturing capabilities.
"We are excited to partner with Varitron to expand our integrated design, manufacturing and distribution services into Canada," said Scott Ellyson, East West Co-founder and CEO. “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, quick turn 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.”
Alex Mammen, Heritage Growth Partners founder and East West board member added, “The addition of Varitron, our first acquisition in Canada, provides East West with the ability to continue to marry its high-volume international design, manufacturing and distribution capabilities with a well-respected, North American manufacturer to address a variety of customer growth objectives and supply chain diversification needs. We expect the East West-Varitron combination to gain significant market share through these expanded capabilities, particularly within the growing public and private innovation centers in Montreal and throughout Canada.”
Michel Farley, Founder and Chairman of the Board of Varitron said, “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 customers. 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."