NEOTech has sold its manufacturing business in Mason, Ohio to Intervala

Lincoln International is pleased to have made the introduction between Intervala LLC and NEOTech Inc, enabling the divestiture of NEOTech’s manufacturing business in Mason, Ohio. Intervala intends to gradually transition NEOTech’s Mason, Ohio, plant, which focuses on low-to-medium volume, higher mix electronics production, to its existing manufacturing locations in the greater Pittsburgh, Pennsylvania, and Boston, Massachusetts, regions.

Due to previously selling three companies to NEOTech and the strong relationship built, Lincoln had a deep understanding of NEOTech’s market position and growth objectives and knew that an introduction to Intervala would achieve positive results for both companies. Lincoln has established a leading position in facilitating EMS transactions by utilizing deep sector knowledge built through extensive relationships and experience from completing more than 65 EMS transactions.

Kunal Sharma, President and Chief Operating Officer of NEOTech, reflects, “Lincoln’s industry knowledge in the EMS industry was valuable in us finding the right buyer for our Mason facility, which no longer fit NEOTech’s larger business strategy.”

NEOTech is a leading EMS provider in markets requiring high-reliability electronics, such as defense and medical markets. The company specializes and focuses on high-reliability programs in the aerospace and defense sector, medical products and high-tech industrial markets. To learn more, please visit www.neotech.com.

Intervala tailors intelligent manufacturing solutions to its customers’ unique needs. The company is a full-service manufacturer of complex, high-performance printed circuit board assemblies, electromechanical systems and cable and harness assemblies for global customers in the industrial, medical, transportation and defense markets. To learn more, please visit www.intervala.com.

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