Abracon, an industry leader in passive components, announced the successful acquisitions of Proant AB and Proant Asia Limited, privately held antenna suppliers headquartered in Umeå, Sweden and Hong Kong, respectively.
The combined companies will form Abracon’s new ProAnt brand. Abracon will retain facilities in both Sweden and Hong Kong.
“The addition of Proant is Abracon’s first acquisition in the antenna space and is an important strategic building block in Abracon’s overall antenna products strategy,” said Mike Calabria, Abracon’s president and CEO. “Proant’s technical expertise combined with its patented technology will accelerate Abracon’s position in the antenna market. Abracon’s global footprint combined with its industry-leading distribution network will bring Proant’s technology to customers across the globe.”
