Industrials, Technology | Mergers & Acquisitions

Primex Division Sold to Maxwell

  • Primex Technologies, Inc. (NASDAQ: PRMX) is a defense and aerospace company with over $500 million in annual revenue from munitions, propellants, satellite propulsion systems and electronic products
  • Primex retained TM Capital to divest its Electromagnetic Systems division, a supplier and operator of high-power pulsed energy devices for military and commercial applications
  • TM Capital completed the sale of the Electromagnetic Systems division of Primex to Maxwell Technologies, Inc. (NASDAQ), a leader in pulsed power technologies

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