Expands ECI’s Existence in World wide Semiconductor Market
ST. LOUIS & ALLENTOWN, Pa., December 09, 2022–(Business enterprise WIRE)–Electrical Components Worldwide, Inc. (“ECI”), a main global provider of electrical distribution systems, control box assemblies, and other crucial engineered elements for diversified markets, currently announced the acquisition of Britech, Inc. (“Britech”).
Founded in 1991, Britech is a specialty producer of wire harnesses, cable assemblies, and box builds largely serving the semiconductor industry as nicely as HVAC and connected industrial engineering stop markets. From engineering to manufacturing and screening, the company’s good quality-pushed platform enables the timely supply of assignments for longstanding customers across crucial market segments. Britech will go on to be led by its management group and operate out of its 50,000 sq. foot facility in Allentown, Pennsylvania.
“Demand for hugely innovative semiconductors proceeds to speed up close to the globe,” stated Mike Balsei, Chief Executive Officer of ECI. “Britech has develop into a trusted associate mainly because of its capability to deliver high-high-quality elements and expert services tailor-made to its customers’ advanced manufacturing demands. Our scale and engineering capabilities will situation Britech to grow on its proven existence in the significant-expansion international semiconductor sector and guidance the ongoing capacity buildout in the U.S.”
The Britech Board of Directors commented: “For a lot more than 30 years, Britech’s broad selection of capabilities and steady, options-oriented technique to specialty production has helped us acquire sturdy shopper relationships. With our large growth in excess of the decades, the option to join forces with a environment-class player like ECI represents an exciting subsequent chapter for Britech. Together, we will be in a position to deepen our partnership and scale with current customers though strategically growing our choices across other markets.”
ECI is a portfolio business of Cerberus Funds Administration, L.P., a worldwide leader in choice investing.
About ECI
Started in 1953, Electrical Elements International (ECI) is a single of the world’s foremost suppliers of electrical distribution programs, handle box assemblies, and other significant engineered parts for diversified marketplaces. With 25,000 workforce and 37 global producing spots, ECI is the trusted partner to sector leaders with 500+ shoppers. At ECI, we energy clever, linked, and electrified methods that empower the most sophisticated technologies to solve the most complicated problems. For more details about ECI, go to www.ecintl.com.
About Britech
Britech is a high-quality-pushed agreement manufacture specializing in cables and harnesses, command panels, engineering services, tests, and turnkey manufacturing. Established in 1991, Britech is found within a mile of the Lehigh Valley Worldwide airport in jap Pennsylvania. Our 50,000 sq. foot developing was tailor made developed to improve efficiencies in manufacturing flow. We have invested in a selection of revolutionary automatic devices to deliver high-high-quality solutions at aggressive selling prices. Britech delivers engineering expertise, material and tooling to give you with the appropriate products at the right price and at the ideal time. We’re in the business enterprise of supplying options, and our accomplishment is in the end tied to your good results. For a lot more details about Britech, go to www.britech.com
Look at source model on businesswire.com: https://www.businesswire.com/news/house/20221209005317/en/
Contacts
John Gilbert, Vice President of Company Enhancement
john.gilbert@ecintl.com
(314) 261-7718
