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July 7, 2015

LUXEMBOURG: IEE finalises All Circuits acquisition

Luxembourg-based sensing specialist IEE says it has finalised the acquisition of All Circuits, an electronics manufacturing service company with with plants in Europe and North Africa.

Luxembourg-based sensing specialist IEE says it has finalised the acquisition of All Circuits, an electronics manufacturing service company with with plants in Europe and North Africa.

IEE has made the acquisition with three co-investors. As the managing shareholder IEE,together with All Circuits’ management, will set the direction of the company.

“All Circuits has made a name for itself in the global market as a provider ofelectronic manufacturing services (EMS) and is ranked seventh in the top ten European EMScompanies,” said IEE president and CEO, Michel Witte.

“This makes them a good strategic fit with IEE. With All Circuits on board, IEE will be well positioned to develop our expertise in the automotive safety electronic production process and will have direct access to electronic manufacturing.

“This acquisition will also enable us to enlarge our product portfolio”

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