Analysis
Astrodyne Corporation Acquires Jerome Industries
Astrodyne Corporation, a leading provider of power solutions, announced it has completed the acquisition of Jerome Industries (“Jerome”).
SincPeter Murphy, President and CEO of Astrodyne commented, “Astrodyne continues to augment its organic growth with acquisitions that expand its product line and increase penetration into target markets. Jerome was founded by the well known engineer and entrepreneur John DiGirolamo, who has built a company with a rich tradition of technical innovation and manufacturing excellence. We are truly excited about bringing Jerome to the Astrodyne team because of their superior product portfolio, focus on unique power solutions and extensive history of supporting the leading companies in the medical industry.”