Lens Technology to acquire Topo and Meeca from Catcher Technology for $1.43bn.

Lens Technology, a Chinese technology company, agreed to acquire Topo Technology, a manufacturer and distributor of electronic products, and Meeca Technology, a manufacturer and distributor of metals, from Catcher Technology, a manufacturer of aluminium and magnesium die casting products, for $1.43bn. The transaction is expected to close by the end of 2020. Catcher will continue to focus on developing current products lines, such as notebook and tablet casings, through investing in R&D, optimizing manufacturing technologies and product cost structures.