Fuba Parent to Go Public | Print |  E-mail
Written by Mike Buetow   
Friday, 03 May 2013 13:51

BIZERTE, TUNISIA -- The parent company of Fuba Printed Circuits will go public later this year, the company's owners announced.

One Tech Holdings will begin listing shares on the Tunisia Stock Exchange, where Fuba is based. Fuba's revenues make up more than half of One Tech's overall annual sales.

Fuba Printed Circuits was founded in 1993 as a joint venture between Fuba Germany, then one of the oldest PCB fabricators in the world, and One Tech. When Fuba Germany, which owned a 30% stake in the JV, experienced financial troubles in 2000, Fuba Tunisie bought out the former's stake.

It employs more than 1000 workers and has annual sales of over 100 million euros, about three-fourths of which are for the automotive sector.

Last Updated on Monday, 13 May 2013 14:02




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