LAMINGTON SPA, UK – Ventec International finalized an asset purchase agreement with Holders Technology on Oct. 21. The transaction completes Ventec’s acquisition of a range of PCB assets owned by Holders Technology’s German and UK operating subsidiaries.

Under the terms of the agreement, Ventec will integrate some of Holders Technology’s specialist materials into its current portfolio of PCB base material solutions. The complementary product lines include entry and backing materials for drilling and routing applications, lamination accessories (release films) and copper foil for lamination applications.

From Oct. 1, Ventec officially took ownership of the fully tooled and equipped manufacturing site for backup and entry material in Kirchheimbolanden, Germany, with employees transferring to Ventec as part of the agreement.

“The acquisition forms an integral part of our global growth strategy,” said Mark Goodwin, COO, Europe and Americas, Ventec. “5G, the Internet of Things, vehicle electrification and advanced LED applications are just some of the driving forces of the increasing demand for reliable, high-quality PCB base materials. With the acquisition of some of Holders Technology’s specialist material solutions and expertise, we are now even better positioned to implement our long-term growth strategy and to offer a one-stop shop for our diverse range of customers from industries such as automotive, industrial, medical and mil/aero. This will be of great benefit to customers who rely on Ventec as a trustworthy provider of highly reliable PCB base materials for their demanding applications."

No financial terms of the agreement were disclosed.