-
- News
- Books
Featured Books
- smt007 Magazine
Latest Issues
Current IssueIPC APEX EXPO 2025: A Preview
It’s that time again. If you’re going to Anaheim for IPC APEX EXPO 2025, we’ll see you there. In the meantime, consider this issue of SMT007 Magazine to be your golden ticket to planning the show.
Technical Resources
Key industry organizations–all with knowledge sharing as a part of their mission–share their technical repositories in this issue of SMT007 Magazine. Where can you find information critical to your work? Odds are, right here.
The Path Ahead
What are you paying the most attention to as we enter 2025? Find out what we learned when we asked that question. Join us as we explore five main themes in the new year.
- Articles
- Columns
Search Console
- Links
- Media kit
||| MENU - smt007 Magazine
LACROIX Announces Acquisition of Firstronic in the U.S.
December 20, 2021 | LACROIXEstimated reading time: 1 minute

LACROIX announces that it has signed an exclusive agreement for the acquisition of a majority stake in the capital of the US company Firstronic with its main shareholders. The Group first acquired a stake in 2017, which it then increased to 12.5%. Subject to the usual suspensive conditions, this operation will be conducted with co-investment from Bpifrance, who will take up a minority stake in Firstronic, through its International Build-Up Fund.
Founded in 1980, Firstronic is an EMS (Electronics Manufacturing Services) serving Tier-1 customers primarily in the automotive, industry, and healthcare sectors in North America. The company relies on two production sites in Michigan (US) and Mexico, and on a team of around 1,300 people.
This operation will significantly strengthen LACROIX’s global position in sectors with increasing demands for electronic solutions. It is extremely relevant from both financial and operational perspectives.
Solid foundations for the development of LACROIX in North America
Perfectly in line with the Group’s strategic ambition to consolidate its positions in the US market, the acquisition of Firstronic makes it possible to establish a strong industrial base on the North American continent and complete an industrial network with a multi-continent reach. It also creates a solid base to accelerate the growth of LACROIX’s various activities in the USMCA region.
“We have had a stake in Firstronic for almost four years now, during which time we have been able to observe the commitment and know-how of Firstronic's teams and the strong potential synergies between our respective entities. Together with keeping in place a highly experienced management team, which has been able to grow the business at a rapid pace, these elements convinced us that a combination would be mutually beneficial and incorporating Firstronic largely facilitated. Proud of the opportunities afforded by a first acquisition such as this on US soil that is as structural as it is historic, we look forward to welcoming Firstronic's teams within the Group and with them, creating a global leader in industrial IoT solutions and electronic devices for critical applications,” says Vincent Bedouin, LACROIX CEO.
Suggested Items
Wistron Recognized as Top 100 Global Innovators for Four Consecutive Years
03/14/2025 | WistronWistron has been recognized as one of the 2025 Top 100 Global Innovators by Clarivate. Since 2022, Wistron has been honored with this recognition for four consecutive years.
KYZEN Announces the Retirement of Longtime Executive Vice President Tom Forsythe
03/13/2025 | KYZEN'KYZEN, the global leader in innovative environmentally responsible cleaning chemistries, announces the retirement of Tom Forsythe, Executive Vice President, effective December 31, 2024, after more than three decades of service to the company and the electronics manufacturing industry.
ICT Spring Seminar: Nickel Not Welcome Here
03/12/2025 | Pete Starkey, I-Connect007After a miserable, dull, and damp English winter, a really pleasant nearly spring day with the sun shining and daffodils in bloom greeted delegates to the Institute of Circuit Technology Spring Seminar at Puckrup Hall near Tewkesbury, March 5, in Gloucestershire, UK.
Cicor Bids to Acquire Part of Éolane France
03/06/2025 | CicorCicor Group announces that the discussions with the company Éolane France and relevant governmental authorities regarding a potential acquisition of selected Éolane France businesses, as mentioned in Cicor's media statement of 22 January 2025, have reached an advanced stage. A public offer has been submitted.
Driving Growth and Transforming the EMS Industry
03/05/2025 | Nolan Johnson, SMT007 MagazineWith IPC APEX EXPO 2025 just a few weeks away, industry veterans Jack Calderon and Chaim Lubin of Lincoln International speak about the transformative power of what they have dubbed the Electronics Super-Cycle. Jack and Chaim will be presenters at the EMS Leadership Summit on March 17, discussing the sustained growth trajectory of the EMS provider industry, driven by relentless demand for electronics in everyday life.