Electronics Production | May 24, 2011

TES Electronic with potential buyers

4 companies are reportedly lining up to buy EMS-provider TES Electronic System, based in Langon. The company had been placed under receivership.
The company - which currently employs around 300 staff at Langon, has been in receivership, after becoming insolvent in January 2011, reports Ouest-France.

Four potential buyers have been named - Asteel, Lacroix Electronique, Hub Tech and Skyways. The Tribunal de Commerce de Rennes is to decide on further development. Layoffs are expected to occur.


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