-
- News
- Books
Featured Books
- smt007 Magazine
Latest Issues
Current IssueBox Build
One trend is to add box build and final assembly to your product offering. In this issue, we explore the opportunities and risks of adding system assembly to your service portfolio.
IPC APEX EXPO 2024 Pre-show
This month’s issue devotes its pages to a comprehensive preview of the IPC APEX EXPO 2024 event. Whether your role is technical or business, if you're new-to-the-industry or seasoned veteran, you'll find value throughout this program.
Boost Your Sales
Every part of your business can be evaluated as a process, including your sales funnel. Optimizing your selling process requires a coordinated effort between marketing and sales. In this issue, industry experts in marketing and sales offer their best advice on how to boost your sales efforts.
- Articles
- Columns
Search Console
- Links
- Events
||| MENU - smt007 Magazine
EMS News: NOTE Divests Skelleftea Ops to Optronic
January 4, 2010 |Estimated reading time: 1 minute
SKELLEFTEA, Sweden — As part of the previously announced structural measures in NOTE’s Telecom customer segment, it has reached an agreement regarding the sale of the operations of NOTE Skellefteå. The acquirer is Optronic, a Swedish optoelectronics services provider that focuses on integrated production and development. The previous transfer of volume production to NOTE’s plants in Estonia and China has resulted in the significant downscaling of NOTE Skellefteå. This operation now has about 40 employees. A settlement has been reached, implying the remaining operations being sold to Optronic. The take-over starts from year-end 2009, and some staff will be able to stay in employment with Optronic at Skellefteå. “One result of the take-over is to safeguard skills and continuity for customers. It is also very positive that we have succeeded in achieving the best possible solution for our staff at Skellefteå together with Optronic,” commented Knut Pogost, NOTE CEO and president. “The deal also allows us to reduce our total assets, while also helping us lift our margins somewhat in the fourth quarter.” Rickard Åström, Optronic’s CEO, added that the timing of the deal suits his company well, saying that “the optoelectronics market is in high growth, and our acquisition of NOTE Skellefteå means that we can respond to this growth optimally. We now get access to new, skilled staff, while our plant capacity is significantly enhanced.” NOTE’s business concept is to deliver production and logistics services for electronics-based products. NOTE has a presence in Sweden, Norway, Finland, the UK, Estonia, Lithuania, Poland and China. In 2008, net sales were SEK 1,710 m; the group has approximately 1,200 employees. For more information, visit www.note.eu Optronic is a Sweden-based services provider in the development and production of optoelectronic-based solutions for manufacturing. Optronic has a presence in Stockholm, Gothenburg and Skellefteå. In the financial year 2008/2009, Optronic’s sales were SEK 112 m and the company had some 70 employees.