Fresh PCB Concepts: Assembly Challenges with Micro Components and Standard Solder Mask Practices
Elementary Mr. Watson: Retro Routers vs. Modern Boards—The Silent Struggle on Your Screen
Beyond Design: The Metamorphosis of the PCB Router
IMI Signs Share Purchase Agreement to Sell Its Czech Republic Manufacturing Site
June 6, 2025 | IMIEstimated reading time: 1 minute
Integrated Micro-Electronics Inc (IMI), through its wholly-owned subsidiary, Coöperatief IMI Europe U.A., has signed a share purchase agreement to sell 100% of the shares in IMI Czech Republic (IMI CZ) to KEBODA Deutschland GmbH & Co. KG, a subsidiary of Keboda Technology Co., Ltd. (Keboda), a publicly listed company in China. Keboda was founded in 2003 and is headquartered in Shanghai. It is a leading system solution provider for automotive intelligent and energy-sufficient electronic components.
The total consideration is €10,025,567, subject to post-closing adjustments, to be paid in three tranches. €1,000,000 upon signing of the share purchase agreement, €8,525,567 upon closing of the deal, and €500,000 10 business days after closing accounts become final.
This sale was executed as part of IMI’s restructuring and footprint rationalization program which was initiated in the 2nd half of 2024. The move will further reduce overhead and administrative expenses as the company consolidates its operations in Europe into its Bulgaria and Serbia facilities.
IMI remains fully committed to its customers in the Czech Republic. A majority of the customers previously served by IMI Czech Republic have already been smoothly transitioned to IMI’s facilities in Serbia and Bulgaria. For the remaining customers, IMI will ensure uninterrupted service until they are relocated to alternative IMI locations or their products reach end-of-life. This ongoing support will be provided under a manufacturing services agreement with Keboda, established as part of the share purchase agreement.
Closing of the deal will happen as the parties fulfill the conditions precedent of the deal. These include governmental approvals, settlement of financing agreements, completion of business carveouts to other IMI European sites, and the execution of the manufacturing services agreement between IMI and Keboda.
Share on:
Suggested Items
Moving Forward With Confidence: SMT007 Magazine June 2025
06/02/2025 | I-Connect007 Editorial TeamAre you as prepared to close a sale as you could be? IPC’s monthly EMS reports showed that EMS revenue increased in March and April. With a book-to-bill ratio of 1.41, things are moving fast. That said, EMS shipments in April were down 1.4%, and bookings in April decreased by 10% year over year. In the June 2025 issue of SMT007 Magazine, we discuss best practices to keep your business thriving.
Trouble in Your Tank: Yield Improvement and Reliability
05/22/2025 | Michael Carano -- Column: Trouble in Your TankThere’s a simple rule of business in manufacturing: “It is all about yields.” Higher yields for your products allow for increased profits and satisfied customers. When there are lower yields, overall cost to manufacture increases, and the additional time and strain on the factory floor affect the entire operation. Lower yields are often the result of “process drift,” when critical process parameters and specialized plating additives fall outside their acceptable ranges.
Siemens to Bring Advanced Timing Constraint Capabilities to EDA Design Flow with Excellicon Acquisition
05/19/2025 | SiemensSiemens has entered into an agreement to acquire Excellicon to bring its best-in-class software for the development, verification, and management of timing constraints to Siemens’ EDA portfolio of software for IC design
Revolutionizing Inspection With Delvitech
05/19/2025 | Nolan Johnson, SMT007 MagazineRoberto Gatti, CEO of Delvitech, shares insights into its Horus machine, a revolutionary innovation in AI-driven inspection technology. This unique system leverages five patented optical heads and custom cameras to perform high-speed, precise inspections. With capabilities that extend beyond traditional limitations, the Horus machine seeks to transform inspection in electronics and microelectronics, as well as the food and pharmaceutical industries, showcasing the versatility and power of its AI-native technology.
It’s Only Common Sense: The Importance of Setting Realistic Expectations
05/19/2025 | Dan Beaulieu -- Column: It's Only Common SenseWhether dealing with customers, employees, or stakeholders, setting and managing expectations can make or break relationships, trust, and long-term success. Below are the reasons it’s critical to set realistic expectations and how doing so can bolster your business's credibility.