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  5. Cirtek Electronics Acquires Remec Broadband Wireless International

M&A Deal Summary

Cirtek Electronics Acquires Remec Broadband Wireless International

On July 30, 2014, Cirtek Electronics acquired communications company Remec Broadband Wireless International

Acquisition Highlights
  • This is Cirtek Electronics’ 1st transaction in the Communications sector.
  • This is Cirtek Electronics’ 1st transaction in Philippines.

M&A Deal Summary
Date 2014-07-30
Target Remec Broadband Wireless International
Sector Communications
Buyer(s) Cirtek Electronics
Deal Type Add-on Acquisition

Target

Remec Broadband Wireless International

Calamba, Philippines
REMEC Broadband Wireless International provider of RF, Microwave, and Millimeter wave products for the telecom industry, with facilities located in Laguna, Philippines.

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Buyer(S) 1

Buyer

Cirtek Electronics

Laguna, Philippines
Category Company
Sector Construction
DESCRIPTION

Cirtek is a long-established semiconductor manufacturer in the Philippines that provides its clients with integrated circuits assembly, tests, packaging solutions and turnkey services. Its continued success can be attributed to good relationships with clients and cost competitiveness.

DEAL STATS #
Overall 1 of 1
Sector: Communications M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Philippines M&A 1 of 1
Year: 2014 M&A 1 of 1
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