Electronics Production | June 24, 2010

Jabil to divest all operations in Italy and France

Florida-based EMS-provider Jabil has entered into a letter of intent to divest its remaining manufacturing operations in France and Italy.
The divested operations would include 4 sites and approximately 1'500 people. This transaction is expected to close during the fiscal 4Q. The transaction is also subject to final negotiation of acquisition related documents, customary regulatory filings and approvals.

The EMS-provider will also start consultation with employees and their representatives, as their approval is also required for the final approval of the transaction.


Please note the following: Critical comments are allowed and even encouraged. Discussions are welcome. Verbal abuse, insults and racist / homophobic remarks are not. Such comments will be removed.
Further details can be found here.
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July 18 2018 5:55 pm V10.0.0-1