TUALATIN, Ore., Aug. 18, 2015 /PRNewswire/ -- CUI Global, Inc. (NASDAQ: CUI), today announced that the Company received the 2015 M&A Award for "U.S. Manufacturing Acquisition of the Year" from Acquisition International ("AI"), a well-respected European periodical, for its acquisition of Tectrol Inc. (now CUI-Canada).
CUI President & CEO William Clough said: "We are pleased to be recognized by an organization of the stature of Acquisition International. This award is a reflection of the skill and dedication of our management team, the strength of our balance sheet, and the countless hours of hard work from our employees necessary to identify and make our acquisition of Tectrol a reality. This acquisition represents yet another milestone in our Company's history, and is a strong example of our dedication to investing in the future growth of CUI Global."
A copy of the article is available via the Investor Relations page of the Company's website, at http://www.cuiglobal.com/Investor-Relations.
According to AI's award announcement, the prestigious M&A Awards celebrate the outstanding efforts and amazing achievements of all those involved in identifying, coordinating and seeing through to completion those important deals that could make a huge difference to a business, a local economy or even an entire country.
Speaking about the awards, Awards Co-ordinator Jonathan Hicks said: "Over the past four years, the M&A Awards have seen continued success across the corporate landscape, and are a testament to the ongoing recovery of the global economy. With this year attracting competition that spans across a diverse range of sectors and regions, it is truly an honour to recognise the winners for their success over the past 12 months."
Acquisition International prides itself on the validity of its awards and winners. The awards are given solely on merit and are awarded to commend those most deserving for their ingenuity and hard work, distinguishing them from their competitors and proving them worthy of recognition.
To learn more about our award winners and to gain insight into the working practices of the "best of the best," please visit the Acquisition International website (www.acquisition-intl.com) where you can access the winners supplement.
About CUI Global, Inc.
Delivering Innovative Technologies for an Interconnected World . . . . .
CUI Global, Inc. is a publicly traded company dedicated to maximizing shareholder value through the acquisition and development of innovative companies, products and technologies. From Orbital Gas Systems' advanced GasPT2 platform targeting the energy sector, to CUI Inc.'s digital power platform serving the networking and telecom space, CUI Global and its subsidiaries have built a diversified portfolio of industry leading technologies that touch many markets. As a publicly traded company, shareholders are able to participate in the opportunities, revenues, and profits generated by the products, technologies, and market channels of CUI Global and its subsidiaries. But most importantly, a commitment to conduct business with a high level of integrity, respect, and philanthropic dedication allows the organization to make a difference in the lives of their customers, employees, investors and global community.
For more information please visit www.cuiglobal.com
About Acquisition International Magazine
Acquisition International is a monthly magazine brought to you by AI Global Media Ltd, a publishing house that has reinvigorated corporate finance news and reporting. Its topical news articles make it a valued read, and this readability ensures that advertisers will benefit greatly from their investment.
AI works alongside leading industry analysts to ensure we publish the most up-to-date figures and analysis. The magazine has a global circulation, which brings together all parties involved in deal making and, in an increasingly global deal market, we are uniquely positioned to reach the deal makers that matter.
Important Cautions Regarding Forward Looking Statements
This document contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such statements are subject to risks and uncertainties that could cause actual results to vary materially from those projected in the forward-looking statements. The company may experience significant fluctuations in future operating results due to a number of economic, competitive, and other factors, including, among other things, our reliance on third-party manufacturers and suppliers, government agency budgetary and political constraints, new or increased competition, changes in market demand, and the performance or reliability of our products. These factors and others could cause operating results to vary significantly from those in prior periods, and those projected in forward-looking statements. Additional information with respect to these and other factors, which could materially affect the company and its operations, are included in certain forms the company has filed with the Securities and Exchange Commission.
SOURCE CUI Global, Inc.