Sparton acquires Delphi Medical

SCHAUMBURG - Sparton Corp., a supplier of complex electronic and electromechanical products, subassemblies and related services to the highly regulated medical, aerospace, and defense and security markets, announced that its wholly owned subsidiary, Sparton Medical Systems Colorado, has signed a definitive agreement to acquire certain assets related to the contract manufacturing business of Delphi Medical Systems in an all-cash transaction valued at $8 million, subject to certain post-closing adjustments.

Delphi Medical Systems, located near Denver, primarily manufacturers OEM medical devices for the Therapeutic Device market, including blood separation equipment, spinal surgery products and 3-D eye mapping devices.

The company provides engineering and manufacturing support to a market leading environmental sensor company whose markets include meteorology, weather-critical operations and controlled environment applications.