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Announced

Averna to acquire Global Equipment Services from Kimball Electronics.

Synopsis

Averna, a global test & quality solutions provider, agreed to acquire Global Equipment Services, a company specializes in production process and test equipment, from Kimball Electronics, an electronics manufacturing and contract manufacturing provider. Financial terms were not disclosed. "As our global customers' operations spread across all continents, it was important for us to join forces with the right team and establish a significant presence in diverse geographies in Asia. With this acquisition, Averna now has a solid footprint in the Americas, Europe and Asia where the majority of our customers' research & development and manufacturing activities are taking place. Combine that with the in-depth automation, vision and test engineering capabilities of the team and their impressive client database, GES was clearly the right fit," François Rainville, Averna President and CEO.

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