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SALEM, NH — Principals in DataED and Bestronics announced today the merger of the two leading global EMS providers to form Emerald Electronics Manufacturing Services (Emerald EMS).

The new entity has two sites each in New Hampshire, California and China, and estimated annual revenues over $200 million.

Emerald EMS was formed by New Water Capital, which purchased both companies over the past year. It offers design and contract manufacturing focused on the the industrial controls, semiconductor, utilities infrastructure, aerospace/defense and medical sectors. The range of services includes prototyping, new product development and testing, volume production, supply chain management, direct order fulfillment and end-of-product life cycle management.

Emerald has an NPI site and a mid-volume plant in Salem, and NPI/mid-volume and box build facilities in San Jose, and two higher volume in Shenzhen.

DataEd president Vic Giglio has been named CEO of Emerald EMS, while Bestronics CEO Nat Mani becomes president.

In a press release, the company said it will continue its strategic growth initiatives, both organically and through acquisition.

“DataED and Bestronics have grown to develop outstanding reputations and relationships in their current networks, and therefore, will continue to operate day-to-day under their current brands,” Giglio said. “Emerald will serve as the platform for which our current global footprint, and all future locations, can share resources, knowledge, and best practices. As a result, Emerald EMS will offer our customers expanded capabilities, increased geographic flexibility, and complete product life-cycle support—from concept, through design and manufacturing, to maintenance and phase-out.”

“One thing that distinguishes Emerald is the closeness and longevity of our customer relationships,” Mani said. “With this combination, we are able to offer our long-standing customers both the immediacy of domestic design, testing and manufacturing capability, and expanded global reach as their needs change.”

DataED and Bestronics joined New Water Capital’s portfolio of companies with recapitalizations of both companies in November 2019, as New Water pursued new strategic investments in the EMS sector.

“At New Water, we aim to support and invest in businesses with enduring value propositions,” said New Water Capital partner Brian McGee. “Emerald EMS is uniquely well positioned, offering both global scale and geographical flexibility, to support the ‘smart’ electronics products that are increasingly permeating nearly every sector of the economy and our society.”

See CIRCUITS ASSEMBLY's profile of Bestronics here and its review of DataEd's NPI center here.

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