SFE Technologies Agrees to Sell Arizona Subsidiary

SFE Technologies, a San Fernando electronics company, said it has signed an agreement to sell most of the assets of its West-Cap Arizona subsidiary to Dale Electronics Inc., based in Columbus, Neb.

SFE and Dale have set Dec. 31 as the expected closing date for the sale, said SFE Chairman William Kuehn. The agreement concludes negotiations that began in mid-November, he said.

The proposed purchase price was not disclosed. Dale is a subsidiary of Vishay Intertechnology Inc., based in Malvern, Pa.

Under the agreement, Dale will acquire most of West-Cap’s Arizona assets and all of the stock of West-Cap Arizona de Mexico, which is a manufacturing facility operated by the company in Nogales, Mexico, Kuehn said.

SFE is continuing to look for a buyer for its San Fernando Electric division, Kuehn said.