Announced
Completed
Synopsis
East West Manufacturing, a global design, manufacturing and distribution services business, completed the acquisition of Varitron, a provider of integrated electronics manufacturing services. Financial terms were not disclosed. “The addition of Varitron, our first acquisition in Canada, provides East West with the ability to continue to marry its high-volume international design, manufacturing and distribution capabilities with a well-respected, North American manufacturer to address a variety of customer growth objectives and supply chain diversification needs. We expect the East West-Varitron combination to gain significant market share through these expanded capabilities, particularly within the growing public and private innovation centers in Montreal and throughout Canada,” Alex Mammen, East West Board Member.
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