Circuits Assembly Online Magazine - Jabil Acquires Indian EMS

Mumbai – Jabil Circuit has acquired Celetronix, a leading EMS company in India, for around $185 million, including $30 million in debt.

Jabil currently manufactures in 176,000 sq. ft. in Ranjangaon, India. Celetronix has manufacturing facilities in Mumbai, Chennai and Pondicherry.

Celetronix offers services from design and prototyping, and has locations in India, the U.S., Malaysia, Singapore and Sri Lanka.