Advertisement

Kontron Design Manufacturing Services (KDMS), a wholly owned Kontron AG subsidiary based in Penang, Malaysia, will be transferred to Plexus Corp. for a purchase price of approximately USD 30 – 35 million. The closing of the transaction is expected in the next few weeks.Kontron says the transfer is part of its continued effort of migrating towards higher-margin business of systems and customer-specific solutions.

SOURCE

Advertisement
Advertisement