M&A Deal Summary

EIT Acquires Methuen MA Facility

On October 1, 2013, EIT acquired electrical equipment company Methuen MA Facility from Suntron

Acquisition Highlights
  • This is EIT’s 1st transaction in the Electrical Equipment sector.
  • This is EIT’s 1st transaction in the United States.
  • This is EIT’s 1st transaction in Massachusetts.

M&A Deal Summary

Date 2013-10-01
Target Methuen MA Facility
Sector Electrical Equipment
Buyer(s) EIT
Sellers(s) Suntron
Deal Type Divestiture

Target

Methuen MA Facility

Methuen, Massachusetts, United States
Methuen Massachusetts Manufacturing Facility manufactures Class II and Class III printed circuit board and small box build assembly.

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Buyer(S) 1

Buyer

EIT

Sterling, Virginia, United States

Category Company
Founded 1977
Sector Electrical Equipment
DESCRIPTION

EIT is privately held and provides contract electronic manufacturing services (EMS), engineering and support services for its medical, industrial, telecommunication and defense customers.


DEAL STATS #
Overall 1 of 1
Sector: Electrical Equipment M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Massachusetts M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2013 M&A 1 of 1

Seller(S) 1

SELLER

Suntron

Phoenix, Arizona, United States

Category Company
Founded 1981
Sector Electronics
Employees1,240
DESCRIPTION

Suntron is a provider of high mix, vertically integrated electronics manufacturing services to electronics original equipment manufacturers. Suntron delivers complete manufacturing services and solutions to support the entire life cycle of complex products in the semiconductor capital equipment, aerospace and defense, networking and telecommunications, medical and industrial markets.


DEAL STATS #
Overall 3 of 3
Sector: Electrical Equipment M&A 1 of 1
Type: Divestiture M&A Deals 3 of 3
State: Massachusetts M&A 1 of 1
Country: United States M&A 3 of 3
Year: 2013 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-12-21 Embedded Computing Solutions business unit

United States

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