Precision Engineer Proposes Acquisition of Interplex Industries
Singapore-based Amtek Engineering Ltd., proposed acquisition of all of the issued and outstanding shares of Interplex Industries, Inc., College Point, N.Y., for a purchase price up to $210 million. The transaction is subject to shareholder and regulatory approvals and would be completed by the merger of Amtek USA Mergerco, Inc., an indirect wholly-owned subsidiary of with and into Interplex.
Interplex designs and manufactures miniature precision-engineered solutions for custom interconnect, electronic packaging and mechanical/electromechanical applications. Interplex boasts one of the most comprehensive sets of application design, precision metal, plastic and assembly solutions and leverages its vertically integrated global resources of stamping, plating, molding and other value-added services to provide turnkey design and manufacturing solutions to customers worldwide.