Sparton Corp. [SPA] on Friday said it has acquired Creonix, a small Florida-based company that manufactures complex electromechanical devices and engineers and manufactures cables and wire harnesses for the industrial, and aerospace and defense markets.

Sparton said that Creonix, which has $12 million in annual sales, will be accretive to its earnings within one year.

“The addition of Creonix meets the criteria of our growth strategy by providing the additional capability of cable and wire harness engineering and assembly, further expansion into the industrial and military and aero markets, diversification of our customer base, and the increased utilization of our existing assets,” Cary Wood, president and CEO of Sparton, said in a statement.

Creonix makes products for battery monitoring, high speed optical imaging, neuromuscular incapacitation, imaging and wiring assemblies for military applications and electrical grid transformer protection systems.