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HEICO Corporation's Exxelia Acquires Leading High-Voltage Ceramic Capacitor Company
MIAMI, FL AND RENO, NV / ACCESS Newswire / June 10, 2026 / HEICO Corporation (NYSE:HEI.A)(NYSE:HEI) today announced that its Exxelia subsidiary acquired 90% of the ownership of CalRamic Technologies, LLC ("CalRamic") for cash paid at closing. The ...
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MIAMI, FL AND RENO, NV / ACCESS Newswire / June 10, 2026 / HEICO Corporation (NYSE:HEI.A)(NYSE:HEI) today announced that its Exxelia subsidiary acquired 90% of the ownership of CalRamic Technologies, LLC ("CalRamic") for cash paid at closing. The balance of the Company will continue to be owned by CalRamic's founder and CEO, Jeff Day. Further terms and financial details were not disclosed. HEICO stated that it expects the acquisition to be accretive to its earnings within the year following the closing. This marks HEICO's fifth acquisition thus far in its current fiscal year. Based in Reno, NV, CalRamic designs and manufactures high-voltage ceramic capacitors for high-reliability applications, primarily serving the aerospace and defense markets, as well as select industrial niches. Founded in 2002, CalRamic's products fall into two main categories: disc capacitors and Multi-Layer Ceramic Capacitors (MLCC). Disc capacitors are single-layer ceramic capacitors, essential for high-voltage, high-pulse, and high-temperature applications. MLCCs are used in a wide range of high-voltage requirements. CalRamic has positioned itself as a niche, specialized supplier of both disc capacitors and MLCCs for more than two decades. CalRamic will operate as part of HEICO Electronic Technologies Group's Exxelia subsidiary, which has been expanding its capacitor portfolio to include high-voltage ceramic capacitors. Through this acquisition, Exxelia will gain access to a strategic U.S. based manufacturing platform for ceramic capacitors. CalRamic will remain in its facilities with its dedicated team of over 40 professionals. HEICO stated that it does not expect any Team Member turnover to result from the acquisition. CalRamic will continue operating under Jeff Day's leadership, its founder and CEO. Eric A. Mendelson and Victor H. Mendelson, HEICO's Co-Chairmen and Chief Executive Officers, together with Paul Maisonnier, Exxelia's CEO, commented, "We are thrilled to welcome CalRamic to the Exxelia and HEICO families. Teaming up with CalRamic enhances our ability to further develop and expand our high-reliability and high-voltage ceramic capacitor capabilities." Jeff Day, CalRamic's CEO, stated, "We could not be more excited to have found a home within Exxelia and HEICO. This partnership enables us to accelerate our growth...