PLEXUS CORP acquires Printed circuit board operations of Shure, Incorporated
Snapshot
PLEXUS CORP acquired Printed circuit board operations of Shure, Incorporated for Cash, at approximately fair market value (amount not separately disclosed) in September 1999. The transaction was structured as all cash. Printed circuit board operations of Shure, Incorporated is a Wheeling, Illinois (Chicago area), United States-based Printed circuit board assembly manufacturing business.
- Acquirer
- PLEXUS CORP
- Target
- Printed circuit board operations of Shure, Incorporated
- Value
- Cash, at approximately fair market value (amount not separately disclosed)
- Date
- September 1999
- Type
- asset purchase
- Status
- ready
The deal at a glance
About this deal
PLEXUS CORP acquired Printed circuit board operations of Shure, Incorporated for Cash, at approximately fair market value (amount not separately disclosed), a transaction completed in September 1999, structured as all cash. The deal was a asset purchase.
Printed circuit board operations of Shure, Incorporated operates in Printed circuit board assembly manufacturing, is based in Wheeling, Illinois (Chicago area), United States. Certain printed circuit board assembly manufacturing assets located in the Chicago, Illinois area, purchased from Shure Incorporated, an unrelated party. The manufacturing assets consisted principally of inventories and equipment. Operations were in Wheeling, Illinois.
Expanded Plexus's printed circuit board assembly manufacturing capacity in the Chicago area.
Added circuit-board assembly capacity in the Chicago market. ~25,000 sq ft and ~125 employees in Wheeling, Illinois at acquisition date
No advisory firms have been disclosed for this transaction.