Asteelflash Acquires German EMS EN ElectronicNetwork
Transcription
Asteelflash Acquires German EMS EN ElectronicNetwork
FOR IMMEDIATE RELEASE The Electronics Industry Asteelflash acquires German EMS EN ElectronicNetwork for Greater Proximity to its European Customers PARIS, FRANCE, August 27, 2012 -- Asteelflash, one of the top 15 worldwide Electronics Manufacturing Services (EMS) companies focusing on high-mix low/medium volumes, announced today the acquisition of EN ElectronicNetwork, Germany’s number 2 EMS, which reached $181 million revenue in 2011 and counts 700 employees. Extending the European Market This acquisition extends Asteelflash’s European presence by incorporating additional manufacturing sites in Germany. Asteelflash is already well-established in Western Europe with sites in France and in UK, as well as in North America, Africa and Asia. ElectronicNetwork, a full service EMS provider, also operates a plant in the Czech Republic and is currently ramping up a new plant in Romania. This will enable Asteelflash, who already has a strong presence in low-cost countries such as China, Tunisia and Mexico, to offer a manufacturing alternative in Eastern Europe. Market Consolidation and Enhanced Services Close to the Customer EN has a strong synergy with Asteelflash in terms of client portfolio and will enable the group to access new regional market accounts and strengthen its activities in segments that are already well established such as Industrial, Defense and Aerospace, Medical and Automotive. Asteelflash is offering to EN customers the possibility to access a larger and more global organization, while the performance of international and regional accounts will continuously be improved. The Kaizen philosophy will also progressively be implemented in all sites. “We greatly value customer service and wish to maintain a close relationship between our clients and our plants in order to provide best solutions for Design, Engineering and Manufacturing. Our ambition is to become Europe's 1st EMS”, explains Gilles Benhamou, President and CEO of Asteelflash. 1 About Asteelflash Asteelflash operates 23 manufacturing sites on four continents (Europe, Asia, Africa and North America) with a headcount of over 5,700 employees and was founded in 1999. Ranked among the top 15 EMS companies in the world, Asteelflash posted revenues of $780 million in 2011. The company offers comprehensive and integrated design and manufacturing services from initial product design to volume production including prototyping, direct order fulfillment and post deployment services. It delivers top-quality services thanks to the implementation of its "Asteelflash Excellence System", adapted to the special needs of its local, regional and global customers. Early this year, Asteelflash acquired Catalyst manufacturing services Inc, an American EMS company based on the East Coast of the United States and in Mexico, and opened a new warehouse in Suzhou, China. With the acquisition of ElectronicNetwork, Asteelflash further enhances its proximity to its customers and improves its worldwide competitiveness. The transaction is still subject to the approval by the antitrust authorities. For more information, visit http://www.asteelflash.com. Asteelflash 6, rue Van Gogh 93360 Neuilly Plaisance France Ph: +33 (1) 49 44 53 00 Fax : +33 (1) 43 81 23 31 [email protected] www.asteelflash.com Asteelflash media contact: Hanane Aouad-Imbert & Charlotte Millet + 33 9 82 43 06 97 | +33 9 82 52 06 97 | +33 6 23 46 15 54 [email protected] [email protected] 2