28 May '15, 9am

CSM, IO Electronics Announce Merger @csmelect @IOElectronics @UKmfg

CSM, IO Electronics Announce Merger Published: 27 May 2015 by Mike Buetow WAREHAM, DORSET, ENGLAND -- CSM Electronics and IO Electronics have officially announced a merger after months of negotiations in a bid to become one of the UK’s largest players in the electronics contract manufacturing arena. Under terms of the agreement, CSM will relocate to the IO Electronics site in Holes Bay, Poole. The merged company will be named IO Electronics. Financial terms were not disclosed. In a joint statement the EMS companies said: “This is great news for our customers, suppliers and employees. CSM and IO are both focused on growth and committed to delivering the highest quality, first class PCB, cable and box build assembly services. We believe the combination of the two distinctive manufacturers who share a very similar ethos gives us the opportunity to build something very strong ...

Full article: http://circuitsassembly.com/ca/news-itemid-fix/24965-csm-...

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