Mayfield Group to acquire Nilsen switchboards division for $4 million
ADELAIDE: Mayfield Group Holdings Ltd. has entered into a binding agreement to acquire the Switchboards Division of Nilsen (SA) Pty Ltd for $4 million in cash, the company announced Monday. The acquisition includes the N-Series product line and associated intellectual property, along with the expected transfer of about 66 employees, customer contracts, inventory and manufacturing assets….