Latest news with #Scanfil
Yahoo
14-07-2025
- Business
- Yahoo
Electronics Manufacturing Service Companies Scanfil and MB Elettronica to Join Forces
SIEVI, Finland, July 14, 2025--(BUSINESS WIRE)--Finnish Scanfil, the largest European stock exchange listed Electronic Manufacturing Service company in terms of turnover, and Italian MB Elettronica ("MB") from Cortona Arezzo have agreed to join forces. The combined company will be a significant European player in the EMS market with a global footprint of 16 factories on four continents. MB operates four factories in Italy and employs around 500 people. The combination increases Scanfil's number of employees to over 4,500 and current MB employees will continue in their current roles as part of Scanfil Group. MB and Scanfil have complementary offerings and customers, creating customer value through cross-selling. On customer side, MB brings new remarkable industrial customers to the new Group. Especially, it has significant competence and customer relations in Aerospace & Defense, Healthcare & Medtech, and Transportation. Due to that strength, MB's headquarters in Cortona will become the competence center for Aerospace & Defense of Scanfil. Together Scanfil and MB will be able to serve their customers even better than before, offering manufacturing services in ten countries. "I want to welcome all new employees and customers to the growing Scanfil family. By joining forces, we create a European EMS powerhouse with a strong presence in Italy and Aerospace & Defense. For MB employees, a large company creates new career and personal development opportunities. For MB customers, a larger company means improved service offering with global manufacturing and delivery capabilities," says Scanfil's CEO Christophe Sut. "Scanfil has a family-owned background and MB is a family company. There is a similar dynamic in the operating cultures and entrepreneurship is highly valued in our corporate values. Our employees are highly skilled and motivated, which is and will be the key success factor for EMS," commented Roberto Banelli, CEO of MB. "With the financial strength and global reach of Scanfil, MB will start a new growth journey. The combination of the two companies will create value for our customers and employees. I am excited that MB is becoming part of the Scanfil family, and I look forward to seeing MB grow stronger under the new ownership." "I started in 1961, and I am happy that together with my children we managed to bring the company to this level and employ more than 500 people. And today, with pride, we were able to reach an agreement with Scanfil to make the company grow even more. I wish everyone a good job," summarizes Francesco Banelli, the founder of MB Elettronica. The closing of the deal is expected to take place in the fourth quarter of 2025. Scanfil in brief Scanfil plc is Europe's largest listed provider of electronics manufacturing services (EMS), with a turnover of EUR 780 million in 2024. The company serves global sector leaders in the customer segments of Industrial, Energy & Cleantech, and Medtech & Life Science. Scanfil's services include design services, prototype manufacture, design for manufacturability (DFM) services, test development, supply chain and logistics services, circuit board assembly, manufacture of subsystems and components, and complex systems integration services. Scanfil's objective is to grow customer value by improving their competitiveness and by being their primary supply chain partner and long-term manufacturing partner internationally. Scanfil's longest-standing customer account has continued for more than 40 years. The company has global supply capabilities and eleven production facilities across four continents. View source version on Contacts For additional information: Christophe Sut, CEOTel. +46 721 51 75 Pasi Hiedanpää, Director, Investor Relations and CommunicationsTel. +358 50 378
Business Wire
14-07-2025
- Business
- Business Wire
Electronics Manufacturing Service Companies Scanfil and MB Elettronica to Join Forces
SIEVI, Finland--(BUSINESS WIRE)--Finnish Scanfil, the largest European stock exchange listed Electronic Manufacturing Service company in terms of turnover, and Italian MB Elettronica ('MB') from Cortona Arezzo have agreed to join forces. The combined company will be a significant European player in the EMS market with a global footprint of 16 factories on four continents. MB Elettronica operates four factories in Italy and employs around 500 people. Share The combined company will be a significant European player in the EMS market with a global footprint of 16 factories on four continents. MB operates four factories in Italy and employs around 500 people. The combination increases Scanfil's number of employees to over 4,500 and current MB employees will continue in their current roles as part of Scanfil Group. MB and Scanfil have complementary offerings and customers, creating customer value through cross-selling. On customer side, MB brings new remarkable industrial customers to the new Group. Especially, it has significant competence and customer relations in Aerospace & Defense, Healthcare & Medtech, and Transportation. Due to that strength, MB's headquarters in Cortona will become the competence center for Aerospace & Defense of Scanfil. Together Scanfil and MB will be able to serve their customers even better than before, offering manufacturing services in ten countries. 'I want to welcome all new employees and customers to the growing Scanfil family. By joining forces, we create a European EMS powerhouse with a strong presence in Italy and Aerospace & Defense. For MB employees, a large company creates new career and personal development opportunities. For MB customers, a larger company means improved service offering with global manufacturing and delivery capabilities,' says Scanfil's CEO Christophe Sut. 'Scanfil has a family-owned background and MB is a family company. There is a similar dynamic in the operating cultures and entrepreneurship is highly valued in our corporate values. Our employees are highly skilled and motivated, which is and will be the key success factor for EMS,' commented Roberto Banelli, CEO of MB. 'With the financial strength and global reach of Scanfil, MB will start a new growth journey. The combination of the two companies will create value for our customers and employees. I am excited that MB is becoming part of the Scanfil family, and I look forward to seeing MB grow stronger under the new ownership.' 'I started in 1961, and I am happy that together with my children we managed to bring the company to this level and employ more than 500 people. And today, with pride, we were able to reach an agreement with Scanfil to make the company grow even more. I wish everyone a good job,' summarizes Francesco Banelli, the founder of MB Elettronica. The closing of the deal is expected to take place in the fourth quarter of 2025. Scanfil in brief Scanfil plc is Europe's largest listed provider of electronics manufacturing services (EMS), with a turnover of EUR 780 million in 2024. The company serves global sector leaders in the customer segments of Industrial, Energy & Cleantech, and Medtech & Life Science. Scanfil's services include design services, prototype manufacture, design for manufacturability (DFM) services, test development, supply chain and logistics services, circuit board assembly, manufacture of subsystems and components, and complex systems integration services. Scanfil's objective is to grow customer value by improving their competitiveness and by being their primary supply chain partner and long-term manufacturing partner internationally. Scanfil's longest-standing customer account has continued for more than 40 years. The company has global supply capabilities and eleven production facilities across four continents.
Yahoo
26-06-2025
- Business
- Yahoo
Scanfil Strengthens its Customer Portfolio in Medtech & Life Science by Signing Agreement with Liquid Instruments
MELBOURNE, Australia, June 26, 2025--(BUSINESS WIRE)--Scanfil and Liquid Instruments have signed a manufacturing outsourcing agreement for Scanfil's Melbourne plant in Australia. This agreement supports Liquid Instruments' strategy to onshore production of its flagship Moku platform, strengthening domestic supply chains and bringing manufacturing closer to its research and development hub. "We're continuing to expand our manufacturing footprint in Australia," says Daniel Shaddock, CEO of Liquid Instruments. "Onshoring production through this partnership allows us to scale more efficiently, while deepening our investment in Australia's technology ecosystem. Scanfil's expertise and strong local presence make them the ideal partner for this next phase of growth." The collaboration will leverage Scanfil's and its subsidiary, SRXGlobal's, expertise in Medtech & Life Science. Liquid Instruments will benefit from supply chain management, scalable manufacturing, global delivery capabilities, and aftermarket services — all in Victoria, Australia. "Liquid Instruments has developed a unique product with an interesting and complex technology that is a perfect fit for the services provided by SRXGlobal in Australia. We at Scanfil and SRXGlobal are thrilled and excited that Liquid Instruments has chosen SRXGlobal as their preferred manufacturing partner for the exciting journey ahead, and we look forward to a strong and successful partnership", states Christian Kesten, VP of Scanfil APAC. Scanfil in brief Scanfil plc is Europe's largest listed provider of electronics manufacturing services (EMS), whose turnover in 2024 amounted to EUR 780 million. The company serves global sector leaders in the customer segments of Industrial, Energy & Cleantech, and Medtech & Life Science. The company's services include design services, prototype manufacture, design for manufacturability (DFM) services, test development, supply chain and logistics services, circuit board assembly, manufacture of subsystems and components, and complex systems integration services. Scanfil's objective is to grow customer value by improving their competitiveness and by being their primary supply chain partner and long-term manufacturing partner internationally. Scanfil's longest-standing customer account has continued for more than 40 years. The company has global supply capabilities and eleven production facilities across four continents. View source version on Contacts Further information:Christian KestenVice President, APAC regiontel. +86 512 67168867 Pasi HiedanpääDirector, Investor Relations and Communicationstel. +358 50 378 Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
26-06-2025
- Business
- Business Wire
Scanfil Strengthens its Customer Portfolio in Medtech & Life Science by Signing Agreement with Liquid Instruments
MELBOURNE, Australia--(BUSINESS WIRE)--Scanfil and Liquid Instruments have signed a manufacturing outsourcing agreement for Scanfil's Melbourne plant in Australia. This agreement supports Liquid Instruments' strategy to onshore production of its flagship Moku platform, strengthening domestic supply chains and bringing manufacturing closer to its research and development hub. We at Scanfil and SRXGlobal are thrilled and excited that Liquid Instruments has chosen SRXGlobal as their preferred manufacturing partner. We look forward to a strong and successful partnership", states Christian Kesten, VP of Scanfil APAC. Share 'We're continuing to expand our manufacturing footprint in Australia,' says Daniel Shaddock, CEO of Liquid Instruments. 'Onshoring production through this partnership allows us to scale more efficiently, while deepening our investment in Australia's technology ecosystem. Scanfil's expertise and strong local presence make them the ideal partner for this next phase of growth.' The collaboration will leverage Scanfil's and its subsidiary, SRXGlobal's, expertise in Medtech & Life Science. Liquid Instruments will benefit from supply chain management, scalable manufacturing, global delivery capabilities, and aftermarket services — all in Victoria, Australia. "Liquid Instruments has developed a unique product with an interesting and complex technology that is a perfect fit for the services provided by SRXGlobal in Australia. We at Scanfil and SRXGlobal are thrilled and excited that Liquid Instruments has chosen SRXGlobal as their preferred manufacturing partner for the exciting journey ahead, and we look forward to a strong and successful partnership", states Christian Kesten, VP of Scanfil APAC. Scanfil in brief Scanfil plc is Europe's largest listed provider of electronics manufacturing services (EMS), whose turnover in 2024 amounted to EUR 780 million. The company serves global sector leaders in the customer segments of Industrial, Energy & Cleantech, and Medtech & Life Science. The company's services include design services, prototype manufacture, design for manufacturability (DFM) services, test development, supply chain and logistics services, circuit board assembly, manufacture of subsystems and components, and complex systems integration services. Scanfil's objective is to grow customer value by improving their competitiveness and by being their primary supply chain partner and long-term manufacturing partner internationally. Scanfil's longest-standing customer account has continued for more than 40 years. The company has global supply capabilities and eleven production facilities across four continents.
Yahoo
10-06-2025
- Business
- Yahoo
Scanfil Expands in Northern US by Acquiring ADCO Circuits
DETROIT, June 10, 2025--(BUSINESS WIRE)--Scanfil, Europe's largest public Electronics Manufacturing Service company, is excited to announce the acquisition of 80% of ADCO Circuits Inc. ("ADCO"), a leading Electronics Manufacturing Service company based in the Greater Detroit area, Michigan. This strategic acquisition enhances Scanfil's offering and geographical reach in the USA. Currently, Scanfil operates one electronics and system integration plant in Atlanta, Georgia. ADCO brings substantial expertise in electronics and box build manufacturing with a strong presence in Industrial and Aerospace & Defense markets. ADCO's focus on complex assemblies aligns perfectly with Scanfil's offering. The innovative ADCOproto web based platform delivers fast prototypes to support engineers' development work. It will significantly enhance Scanfil's service portfolio to existing and new customers. "We are thrilled to welcome ADCO and Marc to the Scanfil family. This acquisition allows us to expand our footprint in the USA significantly. Combined with our investments in the Atlanta plant's electronics manufacturing capabilities, we can more than double our turnover in the USA," says Scanfil's CEO Christophe Sut. "ADCO brings two generations of expertise, long-standing customer relationships, skilled employees, and modern manufacturing technology, which will create tremendous synergies with Atlanta operations." ADCO's team of 120 employees along with an advanced manufacturing facility will further enhance Scanfil's production capabilities. Automated inventory management, advanced production and test systems make it an ideal partner for demanding customers. "ADCO is excited to enter a new, long-term phase of growth that partnering with Scanfil allows. We share the same values, and together ADCO is better positioned to seize market opportunities. Customers and employees can expect business as usual, but with additional capabilities and growth opportunities," commented Marc Damman, President of ADCO The closing of the deal is subject to regulatory approval in the USA, which is expected to be granted in Q3 2025. The purchase price for 80% of the shares is USD 15.5 million. Marc Damman, the President of ADCO, will retain 20% of the shares. Scanfil will host an online presentation of the transaction at 8.30 a.m. CDT on 11 June. The online event can be accessed: Scanfil in brief Scanfil plc is Europe's largest listed provider of electronics manufacturing services (EMS), with a turnover of EUR 780 million in 2024. The company serves global sector leaders in the customer segments of Industrial, Energy & Cleantech, and Medtech & Life Science. Scanfil's services include design services, prototype manufacture, design for manufacturability (DFM) services, test development, supply chain and logistics services, circuit board assembly, manufacture of subsystems and components, and complex systems integration services. Scanfil's objective is to grow customer value by improving their competitiveness and by being their primary supply chain partner and long-term manufacturing partner internationally. Scanfil's longest-standing customer account has continued for more than 40 years. The company has global supply capabilities and eleven production facilities across four continents. ADCO Circuits ADCO Circuits, Inc., established in 1981 in Rochester Hills, Michigan, 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. View source version on Contacts For additional information:Christophe Sut, CEO of ScanfilTel. +46 721 51 75 Pasi Hiedanpää, Investor Relations and Communications Director of ScanfilTel. +358 50 378 Sign in to access your portfolio
