02.03.2026
Excelitas, a leading provider of advanced, life-enriching technologies that make a difference, serving global market leaders in the life sciences, advanced industrial, next-generation semiconductor and avionics sectors, today announced that it has completed its previously announced acquisition of Luxium Solutions, a portfolio company of SK Capital Partners and Edgewater Capital Partners. Luxium is an industry leader in high‑performance materials, substrates, components and assemblies headquartered in Hiram, Ohio. The closing marks a significant milestone following the companies’ October announcement of a definitive agreement and represents a major step forward in expanding Excelitas’ technological capabilities, product portfolio and global market reach.
“Our acquisition of Luxium represents a powerful strategic fit and an exciting catalyst for Excelitas’ continued growth,” said Ron Keating, Chief Executive Officer of Excelitas. “Luxium’s differentiated technology portfolio, deep engineering expertise and strong customer relationships align exceptionally well with our long‑term strategy. Together, we will accelerate innovation, broaden our capabilities and enhance the value we bring to customers across the globe. We are thrilled to officially welcome the Luxium team into the Excelitas family.”
The acquisition strengthens Excelitas through:
Broader Market Reach: Expands exposure to high‑growth applications including AI‑driven data centers, semiconductor, aerospace and defense and medical applications
Technology & Portfolio Expansion: Adds advanced materials and high‑precision optical, detection and imaging capabilities to Excelitas’ portfolio
Enhanced Technical Leadership: Integrates a robust patent portfolio and deep engineering expertise
Global Scale: Builds on strong customer relationships and extends Excelitas’ international footprint
www.excelitas.com
