| Deal Reached for Assembleon |
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| Written by Mike Buetow | |||
| Thursday, 02 December 2010 07:53 | |||
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VELDHOVEN, NETHERLANDS -- Pick-and-place OEM Assembléon will be bought by a private equity firm. Royal Philips Electronics announced today that it intends to sell a majority stake in its subsidiary to H2 Equity Partners, an independent private equity firm. H2 Equity Partners will take an 80% stake in the company and Philips will retain the remaining 20% share. No terms were announced. The deal is subject to director approval and customary regulatory filings. Assembléon has regional offices in Alpharetta, GA; and Hong Kong and employs just over 400 people.
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| Last Updated on Thursday, 02 December 2010 08:56 |
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Ultra thin double coated tapes are for bonding and attaching components and assemblies where high dielectric strength is required. REACH and RoHS compatible. Come in polyimide (PI) and polyester...
