.
MergerLinks Header Logo

New Deal


Announced

Creation Technologies to acquire a majority stake in IEC Electronics for $173.8m.

Financials

Edit Data
Transaction Value£125m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Cross Border

United States

Single Bidder

Acquisition

electronic manufacturing

Pending

Electronic Components and Equipment

Majority

Private

Friendly

Synopsis

Edit

Creation Technologies, an EMS supplier, agreed to acquire a majority stake in IEC Electronics, a provider of electronic manufacturing services, for $173.8m. “A combination of IEC and Creation creates a leading medium volume, high-reliability electronics manufacturer with a customer service driven culture. Furthermore, IEC and Creation’s complementary geographic footprints create a premier full-service North American supply chain for both companies’ customers," Stephen DeFalco, Creation Chairman and CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US