M&A Deal Summary

Celestica Acquires Primetech Electronics

On August 3, 2001, Celestica acquired electronics company Primetech Electronics

Acquisition Highlights
  • This is Celestica’s 6th transaction in the Electronics sector.
  • This is Celestica’s 2nd transaction in Canada.
  • This is Celestica’s 1st transaction in Quebec.

M&A Deal Summary
Date 2001-08-03
Target Primetech Electronics
Sector Electronics
Buyer(s) Celestica
Deal Type Add-on Acquisition

Target

Primetech Electronics

Kirkland, Quebec, Canada
Primetech Electronics, Inc. is an electronics manufacturing services provider.

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Buyer(S) 1

Buyer

Celestica

Toronto, Ontario, Canada

website

Category Company
Founded 1996
Sector Information Technology
Employees18,226
Revenue 7.3B USD (2022)
DESCRIPTION
Celestica office in Fremont, California.
Celestica office in Fremont, California.

Celestica is dedicated to delivering end-to-end product lifecycle solutions to drive our customers’ success. Through our simplified global operations network and information technology platform, we are solid partners who deliver informed, flexible solutions that enable our customers to succeed in the markets they serve. Celestica was founded in 1996 and is based in Toronto, Canada.

DEAL STATS #
Overall 9 of 22
Sector (Electronics) 6 of 11
Type (Add-on Acquisition) 4 of 16
State (Quebec) 1 of 1
Country (Canada) 2 of 3
Year (2001) 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2001-06-28 Sagem CR s.r.o

Paris, France

Sagem CR s.r.o is a technology group with a business focus on the communications, automotive and defence industries.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2001-10-10 Omni Industries

Singapore, Singapore

Omni Industries Ltd. is a diversified Asian electronics manufacturing services provider.

Buy $475M
Mergr

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