M&A Deal Summary

Universal Scientific Industrial Acquires AsteelFlash Group SA

On December 13, 2019, Universal Scientific Industrial acquired electronics company AsteelFlash Group SA for 450M USD

Acquisition Highlights
  • This is Universal Scientific Industrial’s 1st transaction in the Electronics sector.
  • This is Universal Scientific Industrial’s largest (disclosed) transaction.
  • This is Universal Scientific Industrial’s 1st transaction in France.

M&A Deal Summary
Date 2019-12-13
Target AsteelFlash Group SA
Sector Electronics
Buyer(s) Universal Scientific Industrial
Deal Type Add-on Acquisition
Deal Value 450M USD

Target

AsteelFlash Group SA

Neuilly Plaisance, France
website
AsteelFlash Group SA is an electronic manufacturing service company dedicated to segments such as automotive, energy management, the Internet of Things (IoT), industrial and data processing. AsteelFlash Group SA was established in 1999 and is based in Neuilly Plaisance, France.

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Buyer(S) 1

Buyer

Universal Scientific Industrial

Shanghai, China

website

Category Company
Founded 2003
Sector Technology Hardware
Employees24,768
Revenue 55.3B CNY (2021)
DESCRIPTION

Universal Scientific Industrial (Shanghai) Co. is a provider of electronic design, manufacturing service, and modularization with diversified global footprints and miniaturization solutions. USI offers customer diversified products in the sectors of wireless communication, computer and storage, consumer, industrial, and automotive electronics. Universal Scientific Industrial (Shanghai) Co. was established in 2003 and is based in Shanghai, China.

DEAL STATS #
Overall 1 of 1
Sector (Electronics) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (France) 1 of 1
Year (2019) 1 of 1
Size (of disclosed) 1 of 1
Mergr

Product

Company

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