PARIS -- CCI Eurolam Group, a leading distributor and industrial service provider to the EMEA electronics manufacturing industry, has signed an agreement to acquire Adeon Technologies, a major full service provider of equipment for the European PCB industry.
Financial and other terms were not disclosed. Adeon will maintain its operations at its base in Breda, The Netherlands, the companies said.
In a statement, Alain Kahn, president, CCI Eurolam, said: “We are thrilled to welcome Adeon into the CCI Eurolam family. The current context shows strong dynamics regarding manufacturing and we are excited to participate and support the favorable industrial investment trend in the EMEA region.”
Samuel Bismuth, business development manager, CCI Eurolam, said: “There is a strong strategic fit between our companies and with the support of the CCI Eurolam Group, Adeon will keep strengthening its capabilities to expand and accelerate its growth. We believe that in the next decade, Equipments will be more than ever a strategic driver for technology in the electronics manufacturing industry and that Adeon is the right partner for the future.”
Added Andre Bodegom, managing director and owner of Adeon: " At Adeon, we have been able to develop over the last 10 years a strong expertise in selling and servicing equipment over the EMEA region partnering with leading equipment manufacturers. As we started discussion with CCI Eurolam, it immediately became apparent that both healthy companies have a lot to offer to each other. The European PCB market is developing rapidly into various highly specialized companies, for which the combined expertise of CCI and Adeon will create a lot of added value. Becoming part of the strong and renowned CCI Group of companies will allow us to materialize our growth plans for the future in an even faster pace."
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