M&A Deal Summary

Nortech Acquires Suntron-Iowa

On February 5, 2007, Nortech acquired manufacturer Suntron-Iowa from Suntron

Acquisition Highlights
  • This is Nortech’s 1st transaction in the Manufacturing sector.
  • This is Nortech’s 1st transaction in the United States.
  • This is Nortech’s 1st transaction in Iowa.

M&A Deal Summary

Date 2007-02-05
Target Suntron-Iowa
Sector Manufacturing
Buyer(s) Nortech
Sellers(s) Suntron
Deal Type Divestiture

Target

Suntron-Iowa

Des moines, Iowa, United States

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Buyer(S) 1

Buyer

Nortech

Maple Grove, Minnesota, United States

Category Company
Founded 1990
Sector Business Services
Employees733
Revenue 139M USD (2023)
DESCRIPTION

Nortech is a full-service electronics manufacturing services (EMS) provider of wire and cable assemblies, printed circuit board assemblies, and higher-level complete box build assemblies for a wide range of industries. Nortech was founded in 1990 and is based in Maple Grove, Minnesota.


DEAL STATS #
Overall 1 of 2
Sector (Manufacturing) 1 of 1
Type (Divestiture) 1 of 1
State (Iowa) 1 of 1
Country (United States) 1 of 2
Year (2007) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-06-17 Devicix

Eden Prairie, Minnesota, United States

Devicix LLC is a multi-disciplinary engineering firm that delivers innovative design solutions and comprehensive product development services exclusively to the medical device industry.

Buy -

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 1 of 3
Sector (Manufacturing) 1 of 1
Type (Divestiture) 1 of 3
State (Iowa) 1 of 1
Country (United States) 1 of 3
Year (2007) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-12-21 Embedded Computing Solutions business unit

United States

Sell -