| Startronics Buys Sanmina's Australia Ops |
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| Written by Mike Buetow | |||
| Tuesday, 28 August 2007 08:49 | |||
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SYDNEY – Startronics Pty. has purchased Sanmina-SCI's Australian EMS operations, creating the largest EMS company in Australia. Financial details were not disclosed. Although the deal was reported on Startronics's Web site as a merger, the deal in fact was a "clear divesiture," a person speaking on behalf of Sanmina-SCI told Circuits Assembly. Startronics is owned and controlled by Pacific Equity Partners and Allen Capital Private Equity. The company was formed in August 2004, the merger of Hartec and AEMS, the latter of which was owned by PEP. The company has 23,000 sq. meters of facilities and more than 500 staff. Sanmina's plant is in Balcatta WA. Startronics has operations in Sydney, Perth, Melbourne and Wellington, New Zealand. Note: This story was updated Aug. 28 at 12:22 a.m.
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| Last Updated on Friday, 07 September 2007 12:00 |
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