Cornell Dubilier Marketing, Inc. announced today that one of its subsidiaries has acquired the assets of Illinois Capacitor and its affiliates. The company sees this acquisition as a strategic move to grow its board-level power capacitor business.
Liberty, SC (January 30, 2015) – Cornell Dubilier Marketing, Inc. announced today that one of its subsidiaries has acquired the assets of Illinois Capacitor and its affiliates. The company sees this acquisition as a strategic move to grow its board-level power capacitor business and to service customers in Asia through the sales, warehouse and logistics center that Illinois Capacitor currently operates out of Hong Kong.
"Illinois Capacitor significantly expands our board-level capacitor offering while still maintaining a focus on film and electrolytic power capacitors. They have exceptional print position and will benefit from the strengths of our additional distribution partners" says Jim Kaplan, President of Cornell Dubilier. "Cornell Dubilier's customers will benefit by having a full service warehouse in China and access to a broader offering of capacitors. We will continue providing Illinois Capacitor's customers with the same high level of service, quality and reliability that they have come to expect."
With headquarters and operations in Chicago, Illinois Capacitor has been in the capacitor business for more than 80 years and today supplies leading-edge aluminum electrolytic, film, conductive polymer, and electric double layer capacitors to industrial electronics companies worldwide. In addition to its Chicago location, which primarily services the North American market, Illinois Capacitor operates in the Asian markets via its Hong Kong sales and service center.
Cornell Dubilier's strength is in the design and manufacture of electrolytic, AC and DC film, and mica capacitors for power electronics. They have facilities in New Bedford, MA, Liberty, SC, Mexicali, Mexico and Shanghai, China. Its customers are world leaders in renewable energy inverters, welders, UPS systems, motor drives, military and aerospace, and medical imaging.
Combined, the two companies offer one of the most extensive portfolios of high quality capacitor technologies available to the global marketplace, along with a team of highly experienced engineers to assist with applications and custom capacitor design for the most demanding applications. Both companies will continue to sell through their current channels and will make announcements in the future as their two well-established capacitor brands come together.