Videoton Acquires Stake in Limtronik
HUNGARY – Videoton Group has acquired a stake in Limtronik GmbH in Germany and Limtronik USA in Colorado, marking a step in its global expansion strategy. Financial terms of the transaction were not disclosed.
The move integrates both sites into the Hungarian contract manufacturer’s network, building its reach across Europe and North America.
Videoton, one of the largest EMS companies in Europe and the largest in Hungary, says the acquisition enhances its vertical integration and provides Limtronik with broader manufacturing and box-build capabilities. The companies plan to leverage each other’s strengths to improve proximity to customers, expand market presence and meet demand in sectors like defense, medtech and semiconductors.
While Videoton has operated a German sales office for three decades, this is its first foray into manufacturing outside Eastern Europe. The Limburg and Denver facilities offer new local production options for both Videoton and its European SME clients now seeking US-based manufacturing, the company said.
Limtronik’s leadership will remain involved to support longterm integration and growth within Videoton.
