US private equity firm to acquire UK photonics maker Gooch & Housego for $460 million
ILMINSTER: Gooch & Housego PLC, a British maker of specialized optical components, has agreed to be acquired by an affiliate of Washington-based private equity firm Arlington Capital Partners in an all-cash deal that values the company at roughly £345.6 million, the companies announced Wednesday. Under the terms of the agreement, shareholders of Gooch & Housego, known as G&H, will…