CEI Blog Custom Electronics Completes Acquisition of Newport Magnetics

Oneonta, NY (August 26, 2013) - Custom Electronics, Inc. (CEI), a leading manufacturer and provider of mica paper capacitors and electronic assemblies, today announced that they entered into a binding agreement to acquire Newport Magnetics, Inc. (NMI), which specializes in custom magnetic components such as air coils, transformers and toroids. NMI also specializes in circuit board population and cable assemblies.