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Announced

Sunningdale Tech to acquire Sanwa Group.

Synopsis

Sunningdale Tech, a manufacturer of precision-engineered plastic components, agreed to acquire Sanwa Group, a precision plastic injection moulding, insert moulding, and component sub-assembly company. Financial terms were not disclosed. "We are delighted to partner with Sanwa Group as our vision to become a world-leading precision plastic solutions provider continues to unfold. This strategic and highly synergistic acquisition will put us in a formidable position to take advantage of growth opportunities worldwide and better serve our customers, leveraging on our combined technical knowhow and engineering capabilities," Khoo Boo Hor, Sunningdale CEO & Executive Director.

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