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Celestica acquired Impakt Holdings from Graycliff for $329m.

Synopsis

Leader in design, manufacturing and supply chain solutions for the world’s most innovative companies, acquired Impakt Holdings, LLC from Graycliff Partners for $329m. Impakt is a highly-specialized, vertically integrated manufacturer providing manufacturing solutions for leading OEMs in the semiconductor and Organic Light Emitting Diode (OLED) display industries, as well as other markets requiring complex fabrication services. “This acquisition is well aligned to our company strategy of growing and diversifying our overall revenue and margin mix through targeted investments and acquisitions. Bringing Impakt’s capabilities into our capital equipment manufacturing business will provide us with new capabilities in the US and South Korea. We welcome the 450 Impakt employees to Celestica and we look forward to working together to deliver added value to our customers.” Rob Mionis Celestica President and CEO.

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