GME, a manufacturer of radio frequency (RF) communication technology products, has announced its acquisition of Eylex. The acquired company is known for their mission-critical communications products.
“Developing and manufacturing High Assurance electronic equipment in Australia gives defence a crucial strategic advantage by being less reliant on global allies and supply chains,” Mr Millar said. “We’re delighted to welcome Eylex into the GME family and excited for the next phase of sovereign defence manufacturing at GME," GME Managing Director Stephen Millar said.
Eylex will remain in its facility in Norwest, NSW and operate under the same business name. Eylex's purchase follows GME's investment of $5 million into a Government-certified Zone 4 manufacturing facility at its headquarters in Winston Hills, Sydney. The facility manufactures secure communications and electronic products to support a large range of Defence industry projects.
“Merging the collective skillsets of the two businesses is an exciting opportunity for both GME and Eylex. We have a lot we can learn from GME, and vice versa, as we bring our defence expertise to support GME’s interest and investment in this vital industry," Eylex General Manager Simon Coates stated.
This acquisition has reaffirmed GME’s commitment to Australia’s sovereign defence manufacturing capabilities.