Electronics Production | August 31, 2010
Celestica completes Allied Panels acquisition
Celestica has completed its acquisition of Austria-based Allied Panels Entwicklungs-und Produktions Gmbh ("Allied Panels").
The acquisition of Austria-based Allied Panels significantly expands Celestica's capabilities in the healthcare diagnostics and imaging market, and broadens its healthcare global network to include a centre of excellence in Europe, the EMS-provider states. "This acquisition represents a critical step in executing our healthcare strategy to deliver deep technical capability, engineering skills and regulatory expertise to our customers through strategically located regional healthcare centers of excellence," said Sandra Ketchen, Vice President, Healthcare, Celestica. "I am pleased to be working with Allied Panels to drive Celestica's healthcare strategy." The company will now be referred to as AlliedPanels, a Celestica healthcare company. The details of the transaction are not being disclosed.