FlexLink has acquired the operations of e-cube

FlexLink has acquired the operations of e-cube, a leading European provider of PCB handling equipment to the electronics industry.

FlexLink and the owners of e-cube International S.r.l. have agreed that FlexLink acquires its Italian operations. The taking over is due October 5, 2010.
The acquired operation is a leading European provider of comprehensive systems for the handling of printed circuit boards (PCB) to the electronics industry. The acquired operations will continue as an independent division of FlexLink’s Italian subsidiary, FlexLink Systems S.p.A, under the name of e-cube.
By the acquisition, FlexLink access new customer groups in Europe and a high quality product range, complementary to FlexLink’s existing range. At the same time, it gives e-cube access to the American and Asian markets, and customers will benefit from the competence and resources within the FlexLink Group.
Mattias Perjos, CEO of FlexLink: "The acquisition of the e-cube operations gives FlexLink access to attractive, complementary products to the existing range of PCB handling equipment. We also get a foothold in the European market as we today primarily sell our PCB product range in USA, and partly in Asia. In addition, the competence and footprint of the FlexLink organization offers additional growth opportunities for the e-cube product offer."