M&A Deal Summary

Sanmina Acquires SCI Systems

On July 16, 2001, Sanmina acquired electronics company SCI Systems for 6.0B USD

Acquisition Highlights
  • This is Sanmina’s 2nd transaction in the Electronics sector.
  • This is Sanmina’s largest (disclosed) transaction.
  • This is Sanmina’s 3rd transaction in the United States.
  • This is Sanmina’s 1st transaction in Alabama.

M&A Deal Summary

Date 2001-07-16
Target SCI Systems
Sector Electronics
Buyer(s) Sanmina
Deal Type Merger
Deal Value 6.0B USD

Target

SCI Systems

Huntsville, Alabama, United States
SCI Systems, Inc. is a multinational electronics manufacturing services provider. It designs, manufactures, markets, distributes, and services products for computer, computer peripheral, telecommunication, medical, industrial, consumer, and military and aerospace markets. SCI, a contract manufacturer, operates the largest surface mount technology (SMT) production capacity in the merchant market.

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Buyer(S) 1

Buyer

Sanmina

San Jose, California, United States

Category Company
Founded 1980
Sector Manufacturing
Employees30,000
Revenue 8.9B USD (2023)
DESCRIPTION
Sanmina's corporate headquarters in San Jose, California.
Sanmina's corporate headquarters in San Jose, California.

Sanmina is a global provider of integrated manufacturing solutions, components, products and repair, logistics, and after-market services. The company provides these offerings primarily to original equipment manufacturers in the following industries; communications networks, computing and storage, multimedia, industrial and semiconductor capital equipment, defense and aerospace, medical, energy and clean technology, and automotive. Sanmina was founded in 1980 and is based in San Jose, California.


DEAL STATS #
Overall 4 of 6
Sector (Electronics) 2 of 3
Type (Merger) 1 of 1
State (Alabama) 1 of 1
Country (United States) 3 of 4
Year (2001) 1 of 1
Size (of disclosed) 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2000-06-01 Essex AB

Kista, Sweden

Essex is a Nordic contract manufacturers of electronics mainly for mobile phone manufacturers.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2004-06-28 Pentex-Schweizer Circuits

United States

Pentex-Schweizer Circuits Ltd. is a provider of printed circuit board fabrication.

Buy $79M