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Electronics Production |
It's done - Scanfil now owns Partnertech
It was back in May of 2015 when Scanfil first made its offer to acquire all the shares of Swedish EMS-provider Partnertech. And now, about eight months later, Scanfil owns 100% of the shares in the Swedish company.
Scanfil has now obtained so called advanced title to the minority shares in PartnerTech. As a result, the company has become owner of all shares in PartnerTech against providing collateral in favour of the minority shareholders as security for the purchase price under the compulsory acquisition process.
