Delta to acquire Universal Instruments
TAIPEI, December 18, 2021 / PRNewswire / – Delta Electronics, Inc. (hereinafter referred to as “Delta”), one of the world’s leading providers of intelligent energy-saving solutions, today announced the agreement to acquire, by the ” through its subsidiary Delta International Holding Limited BV, UI Acquisition Holding Co., owner of Universal Instruments Corporation and its branches and subsidiaries around the world for an estimated amount of US $ 88.9 million (about. NT $ 2,471,420,000) **. Universal Instruments, a global leader in precision automation solutions for intelligent manufacturing, has a lineage of over 100 years providing precision automation solutions to leading customers in a wide range of industries, including automotive, computer, medical, industrial, as well as circuit board surface mount placement and odd-shaped insert. The transaction is expected to generate substantial synergies by leveraging the R&D and global customer base of both companies and strengthening Delta’s smart manufacturing capabilities for the electronics industry.
Mr. Ping cheng, CEO of Delta, said, âUniversal Instruments has built a remarkable experience and long-lasting customer relationships in electronics manufacturing, which is a key focus of Delta’s industrial automation business. Additionally, by adding Universal’s offering of precision automation machines and advanced technologies to our highly diverse industrial automation portfolio, we can offer our customers complete solutions capable of improving productivity and efficiency. carbon footprint of their production lines. Universal Instruments’ rich experience in standard automation machines will also improve Delta’s product development processes. We look forward to working closely with Universal Instruments to accelerate the development of Delta’s next generation intelligent manufacturing solutions. “
Jean-Luc Pelissier, President and CEO of Universal, said, âDelta is a long-standing customer partner of Universal Instruments, and we are privileged to now be part of the Delta family. Delta’s global scale, its strong presence in Asia, intelligent manufacturing prowess, and a deep understanding of electronic automation needs support our strategy of technology development and growth. This unique combination will extend our scalability, enhance our global reach, and also complement our supply chain and manufacturing footprint, greatly benefiting all of our customers. “
Throughout its 100 years of history, Conklin, New York StateUniversal Instruments is dedicated to technological innovation and development, as evidenced by its portfolio of more than 500 patents and nearly 30,000 systems delivered to date. The company provides precision automation solutions for advanced applications requiring high-precision, high-speed handling, assembly and inspection. In addition, Universal Instruments has developed its Advanced Process Lab (APL) platform, which supports customers in every phase of the product lifecycle (prototyping, process development, analysis and advanced assembly).
Following the aforementioned transaction, Universal Instruments will continue to operate under the direction of its original management team.
** The closing of the transaction is subject to the satisfaction of certain closing conditions in the purchase contract.
Delta Electronics, founded in 1971, is a global leader in switching power supplies and thermal management products with a thriving portfolio of intelligent energy-saving systems and solutions in the fields of industrial automation, automation buildings, telecommunications power, data center infrastructure, electric vehicle charging. , renewable energies, energy storage and display, to promote the development of smart manufacturing and sustainable cities. As a world-class corporate citizen guided by its mission statement, “To provide innovative, clean and energy efficient solutions for a better future”, Delta leverages its core competence in high efficiency power electronics and its business model integrated with CSR to address key environmental issues, such as climate change. Delta serves its customers through its sales offices, R&D centers and manufacturing facilities at nearly 200 sites on 5 continents.
Throughout its history, Delta has received several global awards and recognitions for its business achievements, innovative technologies and commitment to CSR. Since 2011, Delta has been included in the DJSI World Index of Dow Jones Sustainability â¢ Indices (DJSI) for 11 consecutive years, and its ESG performance has been recognized with the highest score in the global electronics industry in 2021 by DJSI. In 2020, Delta was also recognized by CDP with two âAâ leadership ratings for its substantial contribution to climate change and water security issues and named Supplier Engagement Leader for its continued development of a value chain. sustainable.
For detailed information on Delta, please visit: www.deltaww.com
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