SmtXtra UK purchase Elcoteq Pecs Hungary

SmtXtra are pleased to announce agreement was reached on the 20th December 2012 whereby the company completed the purchase of all Elcoteq Hungary assets for a sum of over $10m USD.
By: Evertiq
 
Jan. 4, 2013 - PRLog -- UK based SmtXtra have their origins in South Yorkshire and are also one of the regions fastest growing companies having recently been short listed for an award by the local Chamber of Commerce.  SmtXtra specialize in the re sale of Surface mount technology machines  and Test equipment, provision of production spares, consumables and service installation to a global customer base and export extensively across the world.

The size of the deal is highlighted by the Elcoteq factory having previously employed 6,500 people before going into bankruptcy in 2012.

SmtXtra Executive sales director Susan Cassidy explained this deal goes some way toward further supporting SmtXtra customers with both an excellent selection of nearly new SMT machines and Test equipment whilst increasing our portfolio of available machines.  This deal will also allow SmtXtra to help customers start 2013 with a greater selection of equipment to minimize their capital expenditure and operating costs.  The company recognize not all manufacturers wish to procure new so this represents an exciting opportunity to acquire equipment 2006+ with a competitively supported package and aftermarket service.

Mrs Cassidy also stated that SmtXtra remain committed to businesses wishing to upgrade their factories with newer SMT & Test capability and SmtXtra are working closely with Fuji Japan and Yamaha Europe to buy older equipment allowing customers to migrate to new machines from their preferred OEM brands.

A selection of machines available for purchase  are as follows - Fuji NXT machines , Panasonic CM 602 machines, MPM screen printers, OmniExcel Reflow ovens , Cencorp and Jot PCB routers, Asys PCB handling equipment, Viscom and Orbotech AOI, 1000s of Test  equipment, to many brands to list.

Within January SmtXtra are holding open days for customers wishing to see equipment in situ at the ex Elcoteq facility in Hungary.

For further information or to view please contact Sales@smtxtra.com or your Account Manager directly.
End
Email:***@smtxtra.com Email Verified
Zip:DN2 4PA
Tags:Smt, Production, Electronics
Industry:SMT
Location:Doncaster - South Yorkshire - England
Subject:Mergers
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