M&A Deal Summary

Celestica Acquires Xetel

On January 1, 2002, Celestica acquired electronics company Xetel

Acquisition Highlights
  • This is Celestica’s 7th transaction in the Electronics sector.
  • This is Celestica’s 6th transaction in the United States.
  • This is Celestica’s 1st transaction in Texas.

M&A Deal Summary

Date 2002-01-01
Target Xetel
Sector Electronics
Buyer(s) Celestica
Deal Type Add-on Acquisition
Advisor(s) Lincoln International (Financial)

Target

Xetel

Austin, Texas, United States
XeTel Corporation is a Provider of electronics manufacturing services for the defense and communications industries.

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Buyer(S) 1

Buyer

Celestica

Toronto, Ontario, Canada

Category Company
Founded 1994
Sector Information Technology
Employees21,890
Revenue 8.0B USD (2023)
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 1994 and is based in Toronto, Canada.


DEAL STATS #
Overall 11 of 22
Sector (Electronics) 7 of 11
Type (Add-on Acquisition) 6 of 16
State (Texas) 1 of 1
Country (United States) 6 of 13
Year (2002) 1 of 1
PREVIOUS 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
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2004-03-12 Manufacturers’ Services

Concord, Massachusetts, United States

Manufacturers’ Services Ltd. manufactures electronic hardware for companies that sell branded electronic equipment or utilize electronic components in their products.

Buy -