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Celestica Acquires Invec Solutions to Bolster After-market Services
January 8, 2010 |Estimated reading time: 1 minute
TORONTO, ON, Canada — Celestica Inc. (NYSE, TSX: CLS) has acquired Invec Solutions, provider of warranty management, repair, and parts management services to companies in the information technology (IT) and consumer electronics markets.
The acquisition of Scotland-based Invec will enhance Celestica’s after-market services offering through its proprietary reverse logistics software, which allows customers to view their repair status and inventory information from anywhere in the world using a Web browser. This system can be tailored to meet unique customer requirements and Celestica will integrate Invec’s reverse logistics software throughout all of its after-market services locations.
In addition, this acquisition will expand Celestica’s current global after-market services network to include a UK-based depot and repair screening center for the European market.
“Building on our current offering, the acquisition of Invec significantly expands our reverse logistics capabilities and will enable Celestica to deliver enhanced global capabilities to customers requiring after-sales support,” said Jim Hunt, VP, after-market services, Celestica. “By combining our proprietary technology with Celestica’s global after-market services capability, we can offer an expanded, global value proposition for our combined customer base,” said John Scott, managing director, Invec.
Celestica’s expertise in after-market services includes returns management, repair, supply chain management, refurbishment and recycling. Celestica also focuses on reducing returns and warranty costs by continuously improving next-generation products through unique processes, failure analysis and data analytics.
Financial terms of the transaction were not disclosed.
Celestica provides end-to-end product lifecycle solutions with a global operations network and information technology platform. For further information on Celestica, visit www.celestica.com. For more information on Invec Solutions, visit www.invec.co.uk.
Other recent Celestica news and articles:Zurvahn, Celestica Form Strategic Alliance Producing through the Downturn