Sparton Corporation seeks strategic alternatives to enhance shareholder value

Sparton Corporation (NYSE: SPA) board of directors has been exploring a range of strategic alternatives, with the goal of identifying the best way to enhance shareholder value.

Wells Fargo Securities, LLC, as financial advisor, and Mayer Brown LLP, as legal advisor, have been retained to assist in this process.

The board is committed to fully evaluating appropriate strategic alternatives while simultaneously supporting Sparton´s management and employees in their implementation of improvements in the company´s operations, their ongoing conduct of the company´s business and their continued focus on delivering superior performance to the company´s customers around the world.

Sparton Corporation, now in its 116th year, provides electromechanical devices with capabilities that include concept development, industrial design, design and manufacturing engineering, production, distribution, field service, and refurbishment.