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BILLINSTAD, NORWAY – Kitron has entered into an agreement to acquire BB Electronics for a total of approximately DKK 600 million (US$91 million).

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TAIPEI -- A subsidiary of Delta Electronics will acquire Universal Instruments for $88.9 million, Delta announced today. The transaction is subject to certain closing conditions, and is expected to generate substantial synergies by through the companies' respective R&D operations and global customer base.

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GRAND RAPIDS, MI – Lacroix has signed an exclusive agreement for the acquisition of a majority stake in Firstronic.

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SENAI, MALAYSIA – V.S. Industry Berhad reported fiscal first quarter 2022 revenue of MYR 968 million (US$228.8 million), a decrease of 1.9% year-over-year.

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ST. PETERSBURG, FL – Jabil reported fiscal first quarter net revenue of $8.6 billion, an increase of 9.4% year-over-year.

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STOCKHOLM – Electronics manufacturer Note updated its financial targets and sustainability goals today. By 2025, the firm is targeting a sales level of at least SEK 5 billion (US$548.3 million). The EMS company predicts high organic growth complemented by acquisitions.

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