SINGAPORE – SP Manufacturing has announced the acquisition of the Asia operations of Ideal Jacobs, a Hong Kong-based EMS provider.
"IJA is thrilled to join the SP Manufacturing group" said Ben Meng, chairman of IJA. "The leadership of IJA remains committed to growing our customers and our business, and we're excited about building the next chapter of growth together with SP Manufacturing. Partnering with SPM gives us important access to a broader range of capabilities, geographies and scale to serve our customers more deeply over time."
IJA specializes in high-performance printed electronics and human-machine interface (HMI) solutions in the medical, industrial, semiconductor and communication industries, with customers primarily in the USA and Europe.
"We welcome IJA to the SP Manufacturing group" said Philip Ong, CEO, SPM. "We've taken time to build a positive and productive partnership with IJA's leadership, and both companies share deeply-held beliefs in building meaningful, long-term relationships with great customers around the world.
SPM said the acquisition expands its capabilities with HMI and die-cut solutions, adds additional engineering capabilities, provides access to new set of customers and enlarges its capacity in Asia, including a facility in Penang, Malaysia.
"SP Manufacturing continues to grow impressively" added Pei-Shan Wong, director of SPM. "And the addition with IJA is well-aligned with SPM's strategy of building meaningful, industry-specific capabilities to serve the most valuable mission-critical industries and customers in the world. SP Manufacturing now serves its customers with onshore services in the US and Europe, and offshore in key strategic geographies in Singapore, Malaysia, Indonesia, and China, reflecting the onshore/offshore future of the global supply chain for our customers."