EPS News, Barbara Jorgensen
One of the electronics industry’s largest hybrid distributors – America II Electronics—has acquired another leading hybrid, Advanced MP Technology. The combination of two companies—an estimated $427 million in revenue—would rank the company 15th on EPSNews’ Top Global Distributors List.
EBN, Barbara Jorgensen
The ghosts of shortages past – specifically, the inventory glut of
2001—are haunting manufacturers of interconnect, passive and
electromechanical (IP&E) components.
ST. PETERSBURG, Fla. –
September 18, 2018 – America II, a portfolio company of Wynnchurch
Capital, LLC (“Wynnchurch”), announced the acquisition of Advanced MP
Technology, Inc. (“Advanced MP”).
John Mitchell, IPC president and CEO, issued the following statement on
the decision of the U.S. government to impose additional tariffs on
about $200 billion worth of Chinese imports, the third such list
announced this year.