Technitrol announced the completion of its divestiture of the remaining operations of its Electrical Contact Products Group (AMI Doduco) to Tinicum Capital Partners, JP Asia Capital Partners and affiliates including members of the AMI Doduco management team. The sale price was approximately EUR 33 million in cash, subject to normal working capital adjustments and other financial adjustments.

AMI Doduco designs and manufactures electrical contact materials, parts and assemblies, as well as refines silver and other precious metals. It has factories in Pforzheim and Sinsheim, Germany; Madrid, Spain; Tianjin, China; and Mexico City, Mexico.

Going forward Technitrol will focus solely on its Electronic Components Group (Pulse), which produces a variety of components and modules used in network infrastructure and customer premise equipment; wireless handsets and other terminal devices; and power management, military, aerospace and automotive applications.