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New Deal


Announced

Completed

AKMMeadville Electronics completed the acquisition of five electronic components manufacturers from TTM Technologies for $550m.

Financials

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Transaction Value£429m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Cross Border

Friendly

China

Electronic Components and Equipment

electronic components

Acquisition

Single Bidder

Private

Majority

Completed

Synopsis

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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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