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G&H Sells Boston Optoelectronics Operation

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ILMINSTER, England, March 20, 2024 — Precision optical technology manufacturer G&H has sold its Boston-based EM4 optoelectronics subsidiary to EMFOUR Acquisition Co. LLC, a subsidiary of an unnamed U.S.-based global technology company, in a deal worth up to $12 million.

EM4, which G&H acquired in 2010, is a provider of optoelectronic components and laser modules primarily for the U.S. aerospace and defense market. Previously the business manufactured and supplied fused fiber couplers, though this product line has been excluded from the sale and transferred to G&H’s Torquay, England facility.
G&H has sold its Boston-based EM4 optoelectronics subsidiary to an unspecified U.S.-based global technology company. Courtesy of G&H.
G&H has sold its Boston-based EM4 optoelectronics subsidiary in a deal worth up to $12 million. Courtesy of G&H.
The unspecified buyer will pay an initial $5.25 million for the business and a deferred consideration of up to $6.75 million based on EM4’s performance over the next year and a half.  

The divestment takes place as G&H reviews and consolidates its aerospace and defense portfolio, which is part of a broader strategic realignment. According to CEO Charlie Peppiatt, the company’s strategy is focused on filling gaps in coating, complex systems assembly, and the company’s life science footprint in North America. G&H acquired GS Optics and Artemis Optical less than a year ago.


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Published: March 2024
Glossary
optoelectronics
Optoelectronics is a branch of electronics that focuses on the study and application of devices and systems that use light and its interactions with different materials. The term "optoelectronics" is a combination of "optics" and "electronics," reflecting the interdisciplinary nature of this field. Optoelectronic devices convert electrical signals into optical signals or vice versa, making them crucial in various technologies. Some key components and applications of optoelectronics include: ...
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