MISCO has completed its acquisition of the Oaktron division of Mitek. Oaktron will relocate from Monroe WI to Minneapolis MN and will operate as a wholly owned division of MISCO. Oaktron Senior Development and Manufacturing Engineer Nick Leiendecker, a 30-year Oaktron veteran, will continue with MISCO-Oaktron under the new ownership.
MISCO CEO Dan Digre noted, “Both MISCO and Oaktron have served the North American OEM markets for decades. I have long admired Oaktron’s quality, designs and commitment to long-term customer relationships. MISCO shares these values so this is a natural fit. We’re committed to expand our US-based manufacturing in our pursuit to provide the best audio system solutions to our customers. Through this purchase of Oaktron, we intend to revitalize a venerable American brand. Following our acquisition of Warkwyn Acoustical Labs, this deal further advances our strategy of investing in US loudspeaker and audio system design, manufacturing and testing technologies.”
Established in 1949, MISCO is an OEM loudspeaker manufacturer, supplying to manufacturers in military, medical, aerospace, mass transit, pro audio and other markets. MISCO is one of the few remaining US speaker companies to have resisted offshore migration of electronics companies, according to the company, adding that Oaktron also enjoys a proud history as a US innovator.