Standard of Excellence: Speed vs. Quality in Customer Service
Knocking Down the Bone Pile: Revamp Your Components with BGA Reballing
Global Sourcing Spotlight: Balancing Speed and Flexibility Without Sacrificing Control
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:
Testimonial
"We’re proud to call I-Connect007 a trusted partner. Their innovative approach and industry insight made our podcast collaboration a success by connecting us with the right audience and delivering real results."
Julia McCaffrey - NCAB GroupSuggested Items
Henger Microelectronics Expands Global Footprint with Major Equipment Shipment to Southeast Asia
10/31/2025 |Henger Microelectronics has reached a major milestone in its global expansion strategy with the successful shipment of advanced plasma etching and cleaning systems, along with automation equipment, to multiple countries and regions across Southeast Asia. This achievement marks a significant step forward in the company’s international growth and reinforces its position as a leading force in the global plasma equipment industry.
PCBAA Names Industry Veteran Dan Weber to Board of Directors
10/31/2025 | PCBAAThe Printed Circuit Board Association of America has added Dan Weber, Executive Vice President and General Counsel at TTM Technologies, to the PCBAA board of directors.
KLA Reports Fiscal Q1 2026 Results
10/31/2025 | PRNewswireKLA Corporation announced financial and operating results for its first quarter of fiscal year 2026, which ended on Sept. 30, 2025, and reported GAAP net income of $1.12 billion and GAAP net income per diluted share of $8.47 on revenues of $3.21 billion.
Samsung Teams With NVIDIA to Lead the Transformation of Global Intelligent Manufacturing Through New AI Megafactory
10/31/2025 | SamsungSamsung Electronics today announced plans to create a new AI Megafactory in collaboration with NVIDIA, marking a major milestone in the company’s efforts to lead the global paradigm shift toward AI-driven manufacturing.
Fresh PCB Concepts: Resilience and Renewal in Domestic PCB Manufacturing
10/30/2025 | Team NCAB -- Column: Fresh PCB ConceptsAs veterans of PCB manufacturing, we have spent much of our careers walking factory floors, examining copper circuits under microscopes, and troubleshooting plating lines when they go awry at 2 a.m. We can say with confidence that PCBs are the unsung heroes of modern life. They’re in everything, from toothbrushes and thermostats to satellites and defense systems.