Add-on Acquisition • Electronics

Scanfil EMS Oy Acquires ADCO Circuits

On June 10, 2025, Scanfil EMS Oy acquired electronics company ADCO Circuits

Acquisition Context

This is Scanfil EMS Oy’s 2nd transaction in the Electronics sector.
This is Scanfil EMS Oy’s 1st transaction in the United States.
This is Scanfil EMS Oy’s 1st transaction in Michigan.

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M&A Deal Summary
Date	June 10, 2025
Target	ADCO Circuits
Sector	Electronics
Buyer(s)	Scanfil EMS Oy
Deal Type	Add-on Acquisition

Target Company

ADCO Circuits

Rochester Hills, Michigan, United States

ADCO Circuits provides electronic design and circuit board assembly services to a wide range of companies in the industrial, medical, automotive, telecommunications, and aerospace/military equipment markets. ADCO is ISO 9001, AS9100D, and IATF16949 certified, and compliant to ISO 13485. As a full-service turnkey supplier of custom electronics, ADCO offers support from design and prototyping to new product introduction and full-rate production. ADCO Circuits was established in 1981 in Rochester Hills, Michigan.

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Buyer Overview 1

Buyer

Scanfil EMS Oy

Sievi, Finland

Category	Company
Sector	Manufacturing

DESCRIPTION

Scanfil PLC, a contract manufacturer and systems supplier for the telecommunications and electronics industries.

Deal Context for Buyer	#
Overall	3 of 3
Sector: Electronics	2 of 2
Type: Add-on Acquisition	3 of 3
State: Michigan	1 of 1
Country: United States	1 of 1
Year: 2025	1 of 1

PREVIOUS DEAL

DATE	TARGET	DEAL TYPE	VALUE
2019-05-22	HASEC- Elektronik Wutha-Farnroda, Germany HASEC- Elektronik GmbH is a provider of electronic and micro-electronic modules and devices manufacturing services. HASEC- Elektronik GmbH offers technical advice, materials management, and customer support services.	Buy	€10M

DATE

TARGET

DEAL TYPE

VALUE

2019-05-22

HASEC- Elektronik

Wutha-Farnroda, Germany

HASEC- Elektronik GmbH is a provider of electronic and micro-electronic modules and devices manufacturing services. HASEC- Elektronik GmbH offers technical advice, materials management, and customer support services.

Buy

€10M

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