Schiff Hardin Advises Deringer-Ney, Inc. in Asset Acquisition of Hoyt Corporation
Schiff Hardin served as deal counsel to Deringer-Ney in its acquisition of the business and assets of Hoyt Corporation, which was completed on April 30, 2021. Deringer-Ney Inc. is a global leader in precious metal alloys, micro-manufactured parts, electrical contacts, and precision components for the medical device, automotive, semiconductor, aerospace, and energy industries. Hoyt Corporation is a leading provider of electrical contacts, copper extrusions, and contact assembles. The acquisition of Hoyt supports Deringer-Ney’s strategy of diversification within the electrical contact industry.