ASPOCOMP'S JOINT VENTURE PARTNER MEADVILLE SELLS ITS PCB BUSINESS
Montag, 16.11.2009 17:15 von Hugin
Aspocomp Group Oyj Company Announcement November 16, 2009 at 6:10
pm
ASPOCOMP'S JOINT VENTURE PARTNER MEADVILLE SELLS ITS PCB BUSINESS
Aspocomp's partner Hong Kong listed Meadville Holdings Ltd. has today
announced that it will sell its PCB Business to TTM Technologies,
Inc. listed in Nasdaq, US. For more information of the transaction
and its conditions, please see Meadville's announcement at:
http://www.meadvillegroup.com/announcements.html
Meadville's 80 % share of Meadville's and Aspocomp's joint venture
Meadville Aspocomp (BVI) Holdings Ltd. and Meadville's 10 % ownership
of Aspocomp Oulu Oy are included in the aforementioned transaction.
For further information, please contact Sami Holopainen, CEO,
tel. +358 400 487 180.
ASPOCOMP GROUP OYJ
Sami Holopainen
President and CEO
www.aspocomp.com
Aspocomp: Providing Design Flexibility
Aspocomp provides services for the design and manufacture of
high-tech PCBs.
Aspocomp's products are used in telecommunications networks, handheld
devices, automobiles and different type of industrial applications.
Aspocomp's production facility is located in Oulu, Finland. In 2008,
the Group's net sales stood at about EUR 21 million and it had about
115 employees at the end of December, 2008. In addition, Aspocomp
holds a minority share of PCB production facilities in China and
Thailand.
This announcement was originally distributed by Hugin. The issuer is
solely responsible for the content of this announcement.