The deal allows ESCATEC, to supply OEM brands requiring products to be manufactured or assembled in the UK or Central Europe.
ESCATEC’s production capacity in Europe has been centered on a design & development and advanced production facility in Heerbrugg, Switzerland.
“This acquisition is a direct outcome of our strategic plan to grow ESCATEC into a major player in the global EMS industry,” says ESCATEC CEO Patrick Macdonald (pictured).
ESCATEC offers a range of electronics and box build manufacturing services – from design & development and certification to mass production and after-sales service. The Group operates two production facilities on Penang island (near the Malaysia-Thailand border) with two further facilities in Johor Bahru, Malaysia (minutes from the Malaysia-Singapore border), while ESCATEC Switzerland AG in Heerbrugg is situated very close to the Austrian border.
Production space in these facilities amount to more than 40,000 sqm. With Group revenue exceeding $200 million, the acquisition of JJS Manufacturing together with ongoing expansion of its Malaysian operations is expected to rapidly propel ESCATEC’s annual revenues beyond the $300 million mark.
The acquisition of JJS Manufacturing will add 14,000 sqm of production space with a headcount of 500 employees in the UK and Czech Republic.
Established in 1983 with reported revenues of circa USD$70 million in 2020, JJS Manufacturing supplies complex, highly configurable, low-to-medium volume, electro-mechanical assemblies. Key market segments include Industrial Automation, Process Control, Test & Measurement, and the Scientific fields.