Global PCB Connections: Rigid-flex and Flexible PCBs—The Backbone of Modern Electronics
Flexible Thinking: The Key to a Successful Flex Circuit Design Transfer
Happy’s Tech Talk #29: Bend-to-Install Semi-flex FR-4
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:
Testimonial
"The I-Connect007 team is outstanding—kind, responsive, and a true marketing partner. Their design team created fresh, eye-catching ads, and their editorial support polished our content to let our brand shine. Thank you all! "
Sweeney Ng - CEE PCBSuggested Items
New Podcast Episode Drop: Optimize the Interconnect and the Future of HDI
07/24/2025 | I-Connect007The Optimize the Interconnect podcast series continues with its second installment, featuring Chris Ryder, senior director of business development at MKS’ ESI. In this episode, Ryder shares compelling real-world examples that illustrate why Optimize the Interconnect is gaining traction across the industry.
New Podcast Series Launches: Optimize the Interconnect
07/16/2025 | I-Connect007I-Connect007 is excited to announce the debut of Optimize the Interconnect—a new podcast series featuring guest Chris Ryder, senior director of business development at MKS’ ESI. This insightful series explores how MKS’ ESI is rethinking microvia formation for today’s most advanced HDI PCB and substrate designs.
IMI Wins Gold Award for Best Managed Technology Company at FinanceAsia’s 29th Asia’s Best Companies Awards
07/01/2025 | IMIIntegrated Micro-Electronics Inc. (IMI) has been awarded the prestigious Gold Award for Best Managed Technology Company at the 29th edition of the Asia’s Best Companies Awards, hosted by FinanceAsia.
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.