© Melecs
PCB | January 24, 2019
Austria-based Melecs and Prettl Electronics strike partnership in Mexico
EMS provider Melecs EWS GmbH has become 70% majority shareholder of PRETTL Electronics Querétaro S.A. de C.V.
The partnership calls for Melecs to command the entrepreneurial leadership, while Prettl remains minority shareholder and strategic partner. The deal also enables Melecs to continue to advance recent efforts toward growth and internationalization.
Melecs has reported that the deal will bring new customers in the fields of white goods, automotive, and industry, and it can now offer existing customers manufacturing capacity in North America. For the Prettl Group, a strategic partner has been gained that is well-known in the automotive and household appliance business. The alliance forms the basis for even more intensive cooperation with the Prettl Group, in particular with PAS in the white goods sector.
Regarding the recent deal, Melecs EWS CEO Bernhard Pulferer said, “Following the opening of a new USA sales office in spring of 2018, Melecs can provide even more intensive support to the market and local customers and with this majority stake; it represents an important step in the strategic global positioning of the Melecs Group.”
1,750 more jobs for Intel’s newest Oregon plant
With Intel’s latest phase of its Ronler Acres campus in Hillsboro confirmed by Intel recently, the...
HK Wentworth acquires UK distributor of HAKKO equipment
HK Wentworth Group announces that it is acquiring Dancap Electronics, a UK...
SK Innovation partners with US company to develop lithium metal...
PolyPlus Battery Company, a privately-held company focused on the development of...
Contract prices of DRAM products projected to prop by 15% QoQ in 2Q19
The ongoing oversupply will result in significant price declines for DRAM products during 1H19...
ST Engineering & DSO form JV for new space technologies
The electronics arm of Singapore Technologies Engineering Ltd (ST Engineering)...
Dorigo Breaks Ground on new manufacturing facility
Canadian EMS provider, Dorigo Systems has officially broken ground on its new...
Nortech Systems names Jay D. Miller president and CEO
Nortech Systems has named Jay D. Miller as president and chief executive officer, effective...
Honda to close shop in Swindon - 3'500 jobs at risk
Honda has announced that it will restructure its global manufacturing network. This...
GN Audio picks up Altia Systems, expands UC solutions
In a move designed to integrate GN Audio’s intelligent audio systems with digital video...
Wood cellulose as eco-friendly electronics manufacturing option
Simon Fraser University Professor Woo Soo Kim, along with a research team from Swiss Federal Laboratories for Materials Science and Technology, have reached a breakthrough in the development of an eco-friendly, 3D...
VDMA: Robotics and Automation expects further growth in 2019
In 2018, the German robotics and automation sector reached the 15 billion euro mark for...
Rimac is planning a new factory - appoints new COO
Rimac Automobili has been expanding fast, doubling in size for several years. The company...
Passives drive the German component distribution market
German component distribution market (according to FBDi e.V.) experienced solid growth in 2018. The order situation is slightly weakening. Slow return to normality for passive components.
Electric motor company partners with automotive manufacturer
Electric motor company, YASA, says it has signed a long-term joint innovation agreement with...
Electric truck startup announces $700M investment round
Rivian has announced an equity investment round of USD 700 million led by Amazon. The...
Kitron completes its acquisition of API's EMS business
EMS provider Kitron announces has completed the acquisition of the EMS division of API...
Shell to acquire german battery manufacturer sonnen
Shell Overseas Investment B.V. has agreed to acquire 100% of sonnen, a manufacturer of...
Engaged & happy employees - clear drivers of growth & health for Season Group
EMS provider Season Group, is flagging a major change in its organisation, both operational and somewhat philosophical. Randy Ziegenhagel, previously VP Business Development, is moving to the new position of Global Culture Officer and...
BB Electronics expands into Eastern Europe via acquisition
Danish EMS provider BB Electronics has acquired Czech company Wendell Electronics.
UK manufacturer doubles work space in head office acquisition
Yorkshire-based Contract Production Ltd has acquired its current head office and production facilities in Pickering, expanding into a third adjoining unit as part of its expansion programme.
Aquantia and Sumitomo Electric to deliver multi-gig Ethernet connectivity to...
Sumitomo Electric Industries Ltd., based in Japan, and Silicon Valley’s Aquantia Corp. have...
Lockheed Martin opens Florida R&D center, adds jobs
Lockheed Martin has completed construction on its USD 50 million, 255,000 square foot...
Most Read
Load more news