Announced
Completed
Financials
Sources
Tags
Cross Border
Friendly
China
Electronic Components and Equipment
electronic components
Acquisition
Single Bidder
Private
Majority
Completed
Synopsis
AKMMeadville Electronics, an interconnect solutions provider, completed the acquisition of five electronic components manufacturers from TTM Technologies, an independent supplier of time-critical, technologically advanced printed circuit boards to original equipment manufacturers, for $550m. The companies acquired are Guangzhou Meadville Electronics, Shanghai Meadville Electronics, Shanghai Meadville Science & Technology and Shanghai Kaiser Electronics. The acquisition benefits AKM helping further develop business, increase future earnings, and growth of company's investment.
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