The Knowledge Base: Beyond the Badge—Why Membership Matters More Than Ever
Smart Automation: AI—Revolutionizing Inspection in Electronics Manufacturing
Standard of Excellence: The Role of Technology in Enhancing the Customer Experience
Celestica Completes Acquisition of Impakt Holdings
November 12, 2018 | CelesticaEstimated reading time: 1 minute
Celestica Inc. has completed its previously announced acquisition of Impakt Holdings, LLC (Impakt).
The acquisition of Impakt is anticipated to significantly enhance Celestica’s ability to provide customers with large-format, high-mix manufacturing solutions and expand Celestica’s presence in key geographies.
“This acquisition is well aligned to our company strategy of growing and diversifying our overall revenue and margin mix through targeted investments and acquisitions,” said Rob Mionis, President and CEO, Celestica. “Bringing Impakt’s capabilities into our capital equipment manufacturing business will provide us with new capabilities in the U.S. and South Korea. We welcome the 450 Impakt employees to Celestica and we look forward to working together to deliver added value to our customers.”
As previously announced, the acquisition was financed with available borrowings under our revolving credit facility, a substantial portion of which we currently intend to repay with the proceeds of an anticipated incremental term loan under our current credit facility later this month.
About Celestica
Celestica enables the world's best brands. Through our recognized customer-centric approach, we partner with leading companies in aerospace and defense, communications, enterprise, healthtech, industrial, capital equipment, and smart energy to deliver solutions for their most complex challenges. A leader in design, manufacturing, hardware platform and supply chain solutions, Celestica brings global expertise and insight at every stage of product development - from the drawing board to full-scale production and after-market services. With talented teams across North America, Europe and Asia, we imagine, develop and deliver a better future with our customers.
Share on:
Suggested Items
Amtech Electrocircuits’ CEO Jay Patel Launches Petition Advocating for 10% Tax Credit to Support U.S. Electronics Manufacturers
05/28/2025 | Amtech ElectrocircuitsAmtech Electrocircuits, a leading provider of manufacturing solutions, announces that CEO Jay Patel has initiated a petition urging policymakers to implement a 10% tax credit for Original Equipment Manufacturers (OEMs) sourcing from U.S. electronics manufacturers.
Smart Automation: AI—Revolutionizing Inspection in Electronics Manufacturing
05/27/2025 | Josh Casper -- Column: Smart AutomationArtificial Intelligence (AI) is rapidly becoming a staple in our personal and professional lives. In electronics manufacturing, integrating AI to combat common inefficiencies and to contextualize data will open new doors into how we supplement our traditional processes. In some specific areas of the electronics manufacturing process, integration of AI on the factory floor is already having a tremendous effect. One such area is PCBA inspection, particularly 3D automated optical inspection (AOI) systems.
ClassOne Technology, IBM Research Jointly Developing Non-NMP Solvent Processing for Semiconductor Manufacturing
05/26/2025 | ClassOne TechnologyClassOne Technology, a leading global provider of advanced electroplating and wet processing tools for microelectronics manufacturing, announced it has signed a joint development agreement with IBM Research focused on wet processing for advanced packaging.
Evolve Manufacturing Celebrates 100 Years of Combined Leadership in Medical Device Manufacturing
05/26/2025 | Evolve ManufacturingEvolve Manufacturing Inc., a leading provider of end-to-end contract manufacturing services for medical device and life sciences instrument companies, proudly celebrates 100 years of combined medical device leadership among its expert team.
American Made Advocacy: Lobbying Congress Supports the Supply Chain
05/27/2025 | Shane Whiteside -- Column: American Made AdvocacyThe upheaval in world markets is driving daily headlines. The global supply chain has seemed “normal” for the microelectronics industry because over the past three decades, an increasing percentage of microelectronics components and materials have been made overseas. For many years, other countries, primarily in Asia, invested heavily in their microelectronics industry while U.S. companies offshored manufacturing services in pursuit of the lowest cost.