MEUNG-SUR-LOIRE, FRANCE – All Circuits, one of France's largest EMS providers, is set to be acquired by China's DBG Technology at the beginning of 2025.

With the acquisition, All Circuits will add China to its manufacturing footprint, as well as India and Vietnam, which alongside Mexico are seen as winners in the move to reduce dependency on China as the factory of the world, the company said.

DBG, which also has a facility in Bangladesh, will gain additional capacity in France, Tunisia and Mexico.

"We’re excited to have manufacturing in China for our customers that are selling products in China, as well as having a solid footprint elsewhere in Asia where demand is strong," said Bruno Racault, president, All Circuits. "This along with our own sites in Europe, North Africa and North America will deliver outstanding global manufacturing choices to our current and future customers."

The acquisition discussions, conducted within a constructive framework, could result in the signing of a final agreement next spring, which would create a combined production capacity of more than 150 SMT lines, design offices and complementary sector specializations (primarily in Telecommunications for DBG Technology and in Automotive for ALL Circuits), All Circuits said in a release.

Under the integration, All Circuits' current management team would retain operational control of the company, which would continue to operate independently under its current name.

"This proposed partnership represents a major milestone in our company’s history, offering solutions across international markets to produce closer to our clients’ needs while maintaining and strengthening our position in Europe," said Racault. "It will enhance our ability to innovate and serve our customers with the same level of excellence and commitment in an ever-evolving global context. All Circuits would like to express its gratitude to IEE S.A. and its shareholder for their strategic cooperation over the past 10 years, which has significantly contributed to the company's rapid growth. All Circuits will continue to serve IEE S.A. as one of its key customers in the global electronics manufacturing sector."