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Exxelia joins Heico Corporation group

Exxelia is turning a page in its shareholder history and should join the American group HEICO Corporation via its subsidiary Electronic Technologies Group (ETG).

The transaction will be carried out with IK Partners, majority shareholder of Exxelia since 2015, and should take place before the end of the first quarter of 2023.

 

Laurans A. Mendelson, HEICO's Chairman and Chief Executive Officer, along with Victor H. Mendelson, HEICO's Co-President and CEO of its Electronic Technologies Group, commented, "We are ecstatic that such a fine company, with its remarkable team members, management and products, will be part of HEICO, and we look forward to welcoming all of Exxelia's great people to the HEICO family. While furthering HEICO's strategy of expanding our already impressive range of mission-critical and Hi-Rel components for the most demanding applications, Exxelia also provides HEICO with added broad geographic and product diversity, including in the important European market."

 

Paul Maisonnier, CEO of Exxelia, commented, "We are excited to embark on a new stage of development with HEICO. We really appreciate the values of the Mendelson Family, which match perfectly those of Exxelia. Our goal to develop Exxelia into a world leader in Hi-Rel passive components and sub-systems for harsh environments, serving the aeronautic, defense, space and medical markets will be accelerated under the HEICO umbrella. Together we will strengthen our innovation and operational capabilities and accelerate our internationalisation strategy. We thank IK for their support over the past years, which has enabled us to establish a solid platform to support our ambitions for global growth."

 

Dan Soudry, Managing Partner at IK Partners and Advisor to the IK VII Fund, and Diki Korniloff, Partner at IK Partners, added: "As shareholders of Exxelia since 2015, we are very pleased to have been able to support its very talented management team through the various stages of transformation, structuring and growth of the Company, doubling its employee base to more than 2,100 people and leading to a strong increase in investment in R&D and in its manufacturing footprint. Notably, we believe that HEICO is an excellent home for Exxelia given that they share common values and we are very pleased HEICO is acquiring Exxelia. We'd like to take this opportunity to wish the team and HEICO all the very best for the future."

 

 

About HEICO Corporation

HEICO Corporation is engaged primarily in the design, production, servicing and distribution of products and services to certain niche segments of the aviation, defense, space, medical, telecommunications and electronics industries through its Hollywood, Florida-based Flight Support Group and its Miami, Florida-based Electronic Technologies Group. HEICO's customers include a majority of the world's airlines and overhaul shops, as well as numerous defense and space contractors and military agencies worldwide, in addition to medical, telecommunications and electronics equipment manufacturers.

For more information about HEICO, please visit website : www.heico.com.

Published on 24 Aug 2022 by Stephane PERES

Exxelia Ohmcraft: Empowering Military Innovations

Innovation is the cornerstone of military success. At Exxelia Ohmcraft, we understand this fundamental truth. For over two decades, we have been the stalwart provider in the realm of electronic warfare, weapons platforms, force protection, and intelligence programs. Our steadfast commitment lies in enabling advancements across diverse military sectors through our unparalleled custom resistors. Our unique Micropen® precision printing technology produces ultra-stable parts that are perfectly suited to the military’s rugged requirements, delivering a typical load life of 0.1% over 10,000 hours. This proven stability, accuracy, and quality support the long-term program life of many military products and programs. Micropen technology produces a superior resistor. The combination of our longer serpentine pattern and high-aspect ratio gives our resistors unmatched design flexibility, linearity, stability, and low noise capability, as well as:     High Voltage (to 40 kV) Low Noise / Very low noise Vers low TCR Resistor Value (> 1 MΩ up to 10 TΩ) Ultra-high stability Extremely tight tolerances to 0.1%         Custom designs for Military applications Exxelia Ohmcraft’s ability to design and deliver custom resistors is essential for military suppliers. Our engineers work closely with you to design resistors that match your exact specifications. Surface-mount resistors, dividers, and networks Extensive experience designing custom resistors and supporting source control drawings (SCD) for existing and new designs Small runs to support prototypes to large volume manufacturing Exxelia Ohmcraft can test parts using a number of military specs, including: MIL-PRF-55342, 83401, 55182H, 914B, and 49462B MIL-STD-129, 1276F, and 1285F MIL-STD-202 Space-grade resistors Extended temperature range Rapid prototyping   Our expertise in designing for military applications spans across a spectrum of products, each contributing significantly to advancing military capabilities: Flight & Space   Products: HVC, HVR, HVD, HVCD and Custom Applications: Aerospace Flight controls Satellites SATCOM Microwave Radar Tactical   Products: HVC, HVR, HVD, HVCD and Custom Applications: Night vision goggles Ordnance Electronic warfare Munitions Bomb fuze Tasers   Systems   Products: HVC, HVR, HVD, HVCD and Custom Applications: Surveillance Detection Navigation Monitoring Sight systems Motion control Communications Networks   At Exxelia Ohmcraft, our commitment transcends the creation of resistors. We are dedicated to empowering the visionary innovations that define the future of military technology. Our team is poised to collaborate and customize solutions that perfectly align with the evolving needs of military applications. In a landscape where reliability is non-negotiable and precision is imperative, Exxelia Ohmcraft stands as the beacon of unwavering support, fortifying military operations with resilient, high-performance resistors. Exxelia Ohmcraft’s sister division, Exxelia Micropen Medical is at the forefront of medical device product development, providing design engineers with unique insights on conceiving and implementing new designs and features. 

Boost your project with Exxelia film capacitors with reduced delivery times!

We are pleased to announce that certain products in our RA and KM film capacitor series, as well as our special PMR range (for the medical and railway markets), now benefit from reduced delivery times.   Reduced lead times for film capacitors of the RA (Polypropylene PP) and KM (Polyphenylene sulfide PPS) families: Indeed, delivery times for film capacitors in the RA and KM ranges have been considerably reduced. Previously, these products had an average lead time of 20 weeks, but through efforts to optimize our supply chain, we have managed to reduce this lead time to just 8 weeks on average! One of the key product of this range is the KM 111 S/T. This high performance film capacitor is ideal for a wide range of applications, such as power electronics, filters, inverters. The KM 111 S/T provides the precise capacitance value needed for special aviation electromechanical applications. With its high operating voltage and high energy density, the KM 111 S/T offers outstanding performance. And now, with a lead time reduced to just 8 weeks, you can incorporate it into your designs faster, accelerating your product development. Products KM 111 KM 21 KM 311 KM 50 KM 501 KM 531 KM 601 KM 62 KM 7 T KM 7 C KM 711 KM 78 KM 78R KM 82 KM 82 RS KM 90 KM 90P KM 94 KM 97 KM 31 KM 511 KM 531 KM 90T KM 90P Products RA 01 RA 02 RA 03 RA 04 RA 11 RA 12 RA 13 RA 14 RA 21 RA 22 RA 23 RA 24 RA 31 RA 32 RA 33 RA 34 RA 75   A revolution in delivery times with the film capacitors of the PMR (Polyphenylene Sulfide PPS) family: Our special PMR range, designed for medical and railway applications, also saw a significant improvement in its delivery times. In some cases, we have been able to reduce the usual delivery times for these specific products by a factor of 10. This means you can now get the PMR range film capacitors you need in record time! Film capacitors in the PMR range are specifically designed to meet the stringent requirements of medical and railway applications. Their reliability, stability, and extended life make them ideal choices for medical equipment, monitoring devices, rail transportation systems, and more. Thanks to our reduced delivery times, you can now benefit from these advantages without waiting long to receive your products.   PMR EFCO PMR 4 PMR 64

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