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SMT & Inspection | August 26, 2008

AdoptSMT acquires AlternativeSMT UK

AdoptSMT group has acquired AlternativeSMT UK. AlternativeSMT will continue to operate independently. No financial details of the transaction were disclosed.

AlternativeSMT has - in the last 10 years - gained a reputation as a European supplier in the second-system market with an extensive network of correspondents. The new AdoptSMT Group can now offer a wide range of benefits to its customer base in the SMT market systems their customers a range of benefits can offer: -- A nationwide representation across Europe, Asia, the Middle East and North Africa with an experienced sales and support staff with more than 35 years presence in this market -- Service, training and installation at local level -- Access to a worldwide equipment stock of about €10 million -- Europe's largest stock of Siemens Siplace machines and complete production lines -- High purchasing power through solid financial base of the new company -- Global reach through a worldwide network of AdoptSMT group by brisk industrial activities and close cooperation with SMT operators worldwide
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