Announced
Financials
Sources
Tags
Electronic Components and Equipment
Private
electronic manufacturing
United States
Acquisition
Synopsis
Volex, the global supplier of complex assemblies for performance-critical applications and power products, acquired Servatron, which supplies printed circuit board assemblies, box builds and complete sub-assembly solutions, for $28m. Commenting on the acquisition, Nat Rothschild, Executive Chairman of Volex, said: "It is an extremely high-quality and well-managed business, which will now be able to access our unique global footprint. Our own world-class cable assemblies division gets a diverse range of interconnect products and integrated solutions to offer our existing accounts. This is a win-win deal."
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