This Month in History: Centralab Electronics

Cover from a 1978 Centralab Electronic Components catalog.
 
April 7, 1980: Johnson Controls sells division of Globe Union
 
The Electronic Buyers' News announced on April 7, 1980 that North American Philips Corporation (NAP) had completed an agreement to acquire the Centralab Division of Globe Union, a wholly-owned subsidiary of Johnson Controls, for $63 million in cash.