A PYMNTS Company

US: Natel and OnCore to merge into one

By  |  March 30, 2015

Natel Engineering Company and OnCore Manufacturing, both suppliers of electronic manufacturing services, have reached an agreement to merge the two firms.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    The merger will create a new EMS company with an expanded manufacturing and technology portfolio. The combined company will be one of North America’s largest EMS companies building high-reliability low-to-medium volume and high-mix electronic subassemblies and systems with strategic market focus on the Medical, Industrial and Aerospace and Defense sectors. The new organization will have 13 manufacturing locations, approximately 3’750 employees, and annual revenue of approximately USD 770 million.

    “This is a compelling strategic combination that creates a market-focused leader in the high-reliability mid-tier EMS space. The merger of OnCore and Natel provides an excellent value for our customers and exciting new opportunities for all employees,” stated Sudesh Arora, Natel President and Chief Executive Officer.

     

    Full Content: PR Newswire

     

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.