LORRACH, GERMANY -- Hofstetter PCB has finalized its acquisition of final finish supplier APL Oberflächentechnik for an undisclosed sum.
The deal includes APL's staff of 10. APL managing director Walter Tastl will retire, and production manager Dirk Kaschel will be promoted to deputy managing director under managing director Andy Stütz.
In making the acquisition, Hofstetter expands its electroplating business in Europe. The merged company has 60 workers in two plants in Küssnacht, Switzerland, and Lörrach.