Major transaction in the semiconductor world. Capital Veritas has sold Excelitas Technologies

22-09-24 11:29:34
Major transaction in the semiconductor world. Capital Veritas has sold Excelitas Technologies

The buyer is Claridge Group. Excelitas Technologies Corp. is a global optoelectronics provider, supplying a wide range of optics, sensors, lighting solutions, energetic components, and power supply systems to global military and defense customers and commercial Original Equipment Manufacturers (OEMs). The terms of the agreement would be worth $ 2 billion. The owner of Claridge Group Stephen Bronfman is very pleased with his acquisition. He is the head of the private investment firm Claridge Inc., founded in 1987 by his father, whom he joined in 1990. He became its executive director in 1991. The privileged business sectors of the company Are real estate, food, sport and entertainment. The company has invested in the Rolling Stones, Madonna and Crosby, Stills, Nash & Young2 tours.

In 1999, he joined a group of investors seeking to keep the Expos team in Montreal in vain. The team had been sold by his father a few years earlier.

In 1999, he was appointed to the board of directors of Seagram, the liquor company that made the fortune of the Bronfman family.

In 2001, he founded the Claridge Food Group, which invested in Chef's Plates, Glutino and VLR.

In 2010, he tried to buy the Montreal