Optronics Products
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Optronics Products - overview
Established
1972
Location
Muskogee, OK, US
Primary Industry
Automobiles, Other Vehicles & Parts
About
Optronics Products specializes in advanced LED lighting solutions, delivering a wide range of products tailored for the automotive and transportation sectors, enhancing visibility and safety for vehicles. Founded in 1972 in Muskogee, US, Optronics Products focuses on manufacturing innovative lighting solutions. The company was acquired by Optronics International in June 2009, with financial details undisclosed. Optronics has engaged in three deals to date, with its latest deal occurring on June 3, 2009.
Optronics International specializes in advanced LED lighting solutions, offering a comprehensive range of products tailored for various applications in the automotive and transportation sectors. Their core offerings include the innovative MCL Series Marker/Clearance Lights, FusionX LED combination lamps, and severe-duty UCL45 LED utility lights, which cater to the needs of commercial vehicles, trailers, and recreational vehicles. These products are designed to enhance visibility, safety, and aesthetics, featuring technologies such as GloLight optics and modular designs for versatile installation. Optronics serves a diverse client base, including manufacturers of trailers and trucks, aftermarket retailers, and fleet operators, primarily in North America and international markets, focusing on regions with robust transportation industries.
Optronics generates revenue through direct sales of its lighting products and solutions to B2B clients, including manufacturers and distributors in the automotive and transportation sectors. Transactions typically involve bulk orders, where clients purchase a variety of products such as their flagship FusionX LED lamps and modular lighting systems for integration into their vehicles or for resale. The pricing structure is designed to accommodate large volume purchases, catering to both wholesalers and direct-to-consumer markets. Clients benefit from Optronics' commitment to innovation and quality, which drives demand for their extensive product line, further solidifying their position in the industry.
Optronics Products plans to leverage its latest acquisition by enhancing its product portfolio and expanding its market reach. The company is working on new lighting solutions aimed at improving safety and efficiency in transportation, with a targeted release date not yet specified. Additionally, they are considering geographical expansion into key international markets to strengthen their presence. Recent funding will support these initiatives, focusing on product development and marketing strategies, aligning with the company's growth objectives.
Primary Industry
Automobiles, Other Vehicles & Parts
Sub Industries
Automobiles, Other Vehicles & Parts
Website
www.optronicsinc.com
Verticals
Manufacturing
Company Stage
Acquired
Total Amount Raised
Subscriber access only
Optronics Products - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on, Trade Sale | Completed | Primos Hunting | - | ||||||||
| Trade Sale | Completed | Optronics Products | - | ||||||||
| N/A | Completed | 401 South 41st Street East, 604 First Street | - | ||||||||
| Add-on | Completed | Primos Hunting | - | ||||||||
| Secondary Buyout | Completed | Optronics Products | - |
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