Aspocomp will spend 37.8 million euros to purchase the 49% minority interest in the Suzhou, China-based company. The deal is expected to be finalized in March.

Aspocomp Group Oyj owns 51% of ACP Electronics, and the JV’s net sales and results have been consolidated into Aspocomp's figures since 2001.

Aspocomp expects the acquisition will be accretive to the company’s result. Last year, Aspocomp reported net sales of 149 million euros. It was the 57th largest PCB fabricator in 2005, according to Dr. Hayao Nakahara of NT Information.

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