ASPOCOMP'S JOINT VENTURE PARTNER MEADVILLE SELLS ITS PCB BUSINESS
(Thomson Reuters ONE) - Aspocomp Group Oyj Company Announcement November 16, 2009 at 6:10pmASPOCOMP'S JOINT VENTURE PARTNER MEADVILLE SELLS ITS PCB BUSINESSAspocomp's partner Hong Kong listed Meadville Holdings Ltd. has todayannounced that it will sell its PCB Business to TTM Technologies,Inc. listed in Nasdaq, US. For more information of the transactionand its conditions, please see Meadville's announcement at:http://www.meadvillegroup.com/announcements.htmlMeadville's 80 % share of Meadville's and Aspocomp's joint ventureMeadville Aspocomp (BVI) Holdings Ltd. and Meadville's 10 % ownershipof Aspocomp Oulu Oy are included in the aforementioned transaction.For further information, please contact Sami Holopainen, CEO,tel. +358 400 487 180.ASPOCOMP GROUP OYJSami HolopainenPresident and CEOwww.aspocomp.comAspocomp: Providing Design FlexibilityAspocomp provides services for the design and manufacture ofhigh-tech PCBs.Aspocomp's products are used in telecommunications networks, handhelddevices, 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 about115 employees at the end of December, 2008. In addition, Aspocompholds a minority share of PCB production facilities in China andThailand.This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
Datum: 16.11.2009 - 17:10 Uhr
Sprache: Deutsch
News-ID 8458
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