Electronics Production | December 20, 2007
Asteel acquires Flash Electronics
France based EMS provider Asteel makes acquisition in the US - buys California based Flash Electronics in a stock deal transaction.
Asteel acquires Flash Electronics, based in California, United States. The new unit, whose registered office will be located in Paris, will carry out a sales turnover of 750 million dollars. No terms of the transaction have been revealed, AFP reports. The two companies together will have outputs of more than 100.000 square meters, and will have a distributed presence in four continents.