Flextronics Acquires Michigan-Based Auto Supplier Saturn Electronics
Flextronics has announced that they have acquired Saturn Electronics & Engineering Inc., a supplier of manufacturing services, solenoids, and wiring for the auto, appliance, consumer, and energy markets. Based in Rochester Hills, Michigan, Saturn Electronics & Engineering reported over $300 million in annual revenue.
“Flextronics is pleased to announce that it has acquired Saturn Electronics & Engineering, a company that is renowned for manufacturing excellence and unmatched quality as a supplier of electronics, wiring and high-precision engineered solenoid solutions,” stated Flextronics Automotive president Chris Obey. “Our combined capabilities will provide customers with an expanded range of services in automotive energy management and vehicle electronics.” Obey added, “We are thrilled to join forces with the Saturn Electronics & Engineering team and look forward to increasing the world-class products and services we provide our automotive and electronics customers.”This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at +AmitChowdhry