TORONTO –
Adeptron Technologies Corp. announced an agreement to acquire San Jose-based EMS provider
Pacific Circuit Assembly for $2.25 million. The acquisition is expected to close within 45 days. The deal gives Adeptron its first facility in the U.S. Adeptron also runs three plants in Canada. PCA is expected to provide full turnkey manufacturing solutions as result of the deal. PCA had 2006 sales of approximately $3.2 million. Adeptron expects to finance the majority of the proposed acquisition using internal finances and the remainder through shares offered to PCA principals.