Flextronics acquires the flexible circuit board supplier Sheldahl


Electronic Manufacturing Services Company Flextronics, a wholly owned printed circuit board supplier Multek has agreed to acquire flexible PCB manufacturer Sheldahl. Sheldahl is the flexible interconnect products and electronic materials suppliers.


Sheldahl company supplies flexible printed circuits board and printed circuit materials for automotive and data communications markets advanced laminates, high-performance tape marktet. Currently, Sheldahl has 450 employees, the PCB factory is located in the United States, Philippines and Mexico.


Multek specializing in the production of rigid PCB, expects this acquisition will broaden its product portfolio and can provide one-stop service for the printed circuit boards and flexible substrates customers. As the PCB sluggish demand and shipments, the company began to restructure more than a year ago.


The acquisition is scheduled to be completed by the end of August, is expected to increase about $ 80 million to Flextronics annual sales revenue.