Announced

Completed

Scanfil completed the acquisition of an 80% stake in ADCO Circuits for $15.5m.

Synopsis

Scanfil, an electronics manufacturing service company, completed the acquisition of an 80% stake in ADCO Circuits, an electronics manufacturing service company based in Michigan, for $15.5m. "We are thrilled to welcome ADCO and Marc to the Scanfil family. This acquisition allows us to expand our footprint in the USA significantly. ADCO brings two generations of expertise, long-standing customer relationships, skilled employees, and modern manufacturing technology, which will create tremendous synergies with Atlanta operations," Christophe Sut, Scanfil CEO.

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