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Yorba Linda Firm Buys in Brazil

Yorba Linda-based electronics products maker B&K Precision Corp. has acquired Teknix SA in Sao Paulo, Brazil.

Terms were not disclosed.

Privately held B&K makes testing and measurement instruments ranging from signal generators and battery capacity analyzers to carbon monoxide meters.

The products are used in research and development, industrial maintenance, and electronic services, among other applications.

Details of B&K’s financials were not available. The company was founded in 1951 and is headed by Chief Executive Victor Tolan, who took the post in 1996 when he and other investors acquired the company from a private equity fund.

B&K has operations in Europe through its France-based Sefram subsidiary. It also has business divisions in Asia through its B+K Precision Taiwan Inc., Itech and Lodestar brands.

The latest deal is expected to help it expand its customer base in South America and better serve them locally, Tolan said.

Antonio Freitas, who founded Teknix in 1999, will continue to oversee the unit, which will be rebranded as B&K Precision Brasil.

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