News

News

03.11.2005

Enics Completes Acquisition of Assets from Elcoteq in Beijing

Enics announced today that the acquisition of certain assets and activities related to the manufacturing of industrial electronics from Elcoteq in Beijing, China, has been successfully completed.
Enics, one of the leading electronics manufacturing service (EMS) providers focused on industrial electronics, announced today that the acquisition of certain assets and activities related to the manufacturing of industrial electronics from Elcoteq in Beijing, China, has been successfully completed. This transaction allows Enics to continue and expand its services to its customers operating in China from its own plant recently established in Beijing.

ENICS GROUP

Dirk Zimanky
Vice President
Corporate Development

Enics
Enics is one of the largest electronics manufacturing services (EMS) companies in the industrial electronics field and provides end-to-end solutions consisting of design, NPI, manufacturing, supply chain management and after-sales services for the whole lifecycle of its customers’ products. Enics Groups’ annualized turnover is approximately MEUR 250. More information on the company is available at www.enics.com.

Elcoteq
Elcoteq SE is a leading electronics manufacturing services (EMS) company with original design manufacturing (ODM) capabilities in the communications technology field. Elcoteq provides globally end-to-end solutions consisting of design, NPI, manufacturing, supply chain management and after-sales services for the whole lifecycle of its customers’ products. The company operates on four continents in 15 countries and employs almost 20,000 people. Elcoteq’s consolidated net sales for 2004 totalled MEUR 2,921.8. Elcoteq SE is listed on the Helsinki Exchanges. More information on the company is available at www.elcoteq.com.

Further information from Enics
Dirk Zimanky, VP Corporate Development, Enics AG, tel. +41-79-593 99 91