Stribel’s European electronics business moves to Flextronics
US-based Alcoa has sold the European electronics business of Stribel to the EMS-provider Flextronics. Stribel has now officially become (December 1., 2009) part of the EMS provider.
The divested business in Frickenhausen (Germany), which focuses on the production of power electronics components and electronic control systems for the automotive industry, has been incorporated into the business activities of Sidler Automotive GmbH & Co. KG (formerly based in Tübingen, Germany).
Both companies will now form Flextronics Automotive GmbH & Co. KG, a subsidiary of EMS-provider Flextronics. The business activities of the new company will commence in Frickenhausen, while operations in Tübingen will be discontinued (as evertiq reported earlier).
Both companies will now form Flextronics Automotive GmbH & Co. KG, a subsidiary of EMS-provider Flextronics. The business activities of the new company will commence in Frickenhausen, while operations in Tübingen will be discontinued (as evertiq reported earlier).
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This article has been edited and published by Evertiq New Media AB. Copying or re-publishing of this news item without permission from Evertiq New Media AB may lead to prosecution. The same applies for the headline.
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