Announced
Synopsis
Summit Interconnect, a manufacturer of printed circuit boards in North America, agreed to acquire Royal Circuit Solutions, a privately owned high-tech printed circuit board manufacturer. Financial terms were not disclosed. "This combination aligns the Royal and Advanced quick-turn, vertically integrated model with Summit’s differentiated production capabilities. Each entity brings capabilities to the Summit portfolio that will further strengthen our ability to serve our customers in both high-performance commercial and defense markets, as well as broaden our relationships into additional sectors. This is a very exciting milestone for Summit, Royal Circuits and Advanced Assembly and we welcome our new employees to the Summit team," Shane Whiteside, Summit Interconnect President and CEO.
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