ANAHEIM, CA – Summit Interconnect has acquired ITL Circuits for an undisclosed sum.
Summit has three facilities in Northern and Southern California, with a combined 810 employees. ITL Circuits has over 65,000 sq. ft. of factory space and approximately 130 employees.
Summit will retain ITL's same management team and staff, and ITL owners Adolf Czudnochowsky and Michael Campbell plan to retire.
"ITL’s capabilities complement Summit’s and will provide additional volume manufacturing capacity across a broad range of technology," said Shane Whiteside, president and CEO of Summit Interconnect. "The additional and meaningful scale will further strengthen our ability to serve our customers and broaden our relationships with key suppliers. This is very exciting news for both Summit and ITL, and we welcome our new Toronto employees to the Summit team."
Summit Interconnect acquired Streamline Circuits in 2018, and KCA Electronics and Marcel Electronics in 2016.
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