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OAK INDUSTRIES ANNOUNCES ACQUISITION OF H.E.S. INTERNATIONAL

 OAK INDUSTRIES ANNOUNCES ACQUISITION OF H.E.S. INTERNATIONAL
 WALTHAM, Mass., Sept. 10 /PRNewswire/ -- Oak Industries Inc. (NYSE: OAK) today announced that it has acquired H.E.S. International, Inc., a Kansas City, Kan.-based manufacturer of hermetically sealed packages used by manufacturers of quartz crystals, clock oscillators, sensors and other electronic components. Terms of the agreement were not disclosed.
 "This acquisition is in keeping with our strategy to grow internally and via acquisitions," said William S. Antle III, Oak's president and chief executive officer. "H.E.S. complements Oak's Houston Electronics product line, thus enhancing our ability to serve the market for hermetically sealed packages within the frequency control and other electronic component industries. In turn, H.E.S. should benefit from our financial strength and our manufacturing, marketing and technological capabilities."
 Oak Industries Inc. provides components and controls for leading manufacturers in a range of industries, including consumer appliances, electronics, medical testing equipment, military, telecommunications and transportation. The company is pursuing a strategy for growth through new-product introductions, ongoing productivity enhancements and strategic acquisitions.
 -0- 9/10/92
 /CONTACT: William C. Weaver, Oak Industries chief financial officer, 617-890-0400, or Jean M. Devine, account executive, Sharon Merrill Associates, Inc., 617-262-1800, for Oak Industries/
 (OAK) CO: Oak Industries Inc.; H.E.S. International, Inc. ST: Massachusetts, Kansas IN: CPR TLS SU: TNM


CN -- NE013 -- 8196 09/10/92 16:27 EDT
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Publication:PR Newswire
Date:Sep 10, 1992
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