Knocking Down the Bone Pile: Revamp Your Components with BGA Reballing
SMT Perspectives & Prospects: Artificial Intelligence Part 6: Data Module 1
Standard of Excellence: Overcoming Service Failures—The Art of the Apology
KATEK Plans to Acquire SigmaPoint
April 13, 2022 | KATEK SEEstimated reading time: 2 minutes
KATEK SE has signed a comprehensive, exclusive term sheet with SigmaPoint Technologies Inc. in Cornwall, Canada, for the acquisition of all shares in the Canadian company. The negotiation of the associated share purchase agreement should be concluded shortly with the closing planned for the end of Q2 at the latest. The transaction is subject to the necessary official approvals, such as the competition authorities.
SigmaPoint is one of the leading electronics service providers in Canada and is known for its decades of high quality production based on strict lean principles in the field of high-value electronics. In addition to the medical, industrial controls, embedded electronics and IoT sectors, SigmaPoint is opening new markets for KATEK in the homeland security and defense sectors.
In the medium term, SigmaPoint is planning annual sales of over USD 100 million and is currently benefiting greatly from the reshoring trend in North America, which is being driven by the current disruptions to supply chains due to the pandemic and by economic and geopolitical tensions. SigmaPoint currently employs 280 people.
SigmaPoint’s largest customer in North America is already one of KATEK’s top 5 customers in Europe. Among other things, this will lead to significant advantages for both companies on the procurement market.
The investment is part of KATEK’s strategy of opening additional markets for HVE (high-value electronics) in addition to its strong presence in Europe. Rainer Koppitz, CEO of KATEK: “As the number three electronics service provider in Europe, we are making good on the promise to our European customers of a presence on the North American continent.” At the same time KATEK is opening their first Asian plant in Malaysia, the gap in North America will be closed and the ‘local-for-local’ approach now will be offered on another continent.
Rainer Koppitz continues: “The very good match between corporate culture and values ??was also decisive. This will make it much easier to leverage the large existing synergies in the areas of sales, supply chain and lean manufacturing. CEO Dan Bergeron and the full management team will continue to lead SigmaPoint after the acquisition.”
Daniel Bergeron, CEO SigmaPoint: “We are looking forward to the partnership with KATEK Group. Our two companies have a lot in common, most notably our work culture, customer-centric values ??and lean principles.”
He sees the merger as an important milestone for SigmaPoint that few companies ever achieve. Becoming the first KATEK Group company in the American market is a testament to the outstanding team and rapidly scaling business.
“I am extremely proud of our 280 employees and I am incredibly excited about the potential that will open up for our customers, the team and the local community in the years to come. Our partnership represents an extension and strengthening of our supply chain, design support, rapid prototyping and global distribution services.”
Share on:
Testimonial
"In a year when every marketing dollar mattered, I chose to keep I-Connect007 in our 2025 plan. Their commitment to high-quality, insightful content aligns with Koh Young’s values and helps readers navigate a changing industry. "
Brent Fischthal - Koh YoungSuggested Items
Advanced Semiconductor Packaging Market Sees Rising Adoption Across Automotive and Industrial Sectors
10/14/2025 | openPRThe semiconductor packaging market size is estimated to reach at a CAGR of 7.2% during the forecast period (2024-2031).
Imec Launches 300mm GaN Program to Develop Advanced Power Devices and Reduce Manufacturing Costs
10/13/2025 | ImecImec, a world-leading research and innovation hub in nanoelectronics and digital technologies, welcomes AIXTRON, GlobalFoundries, KLA Corporation, Synopsys, and Veeco as first partners in its 300mm gallium-nitride (GaN) open innovation program track for low- and high-voltage power electronics applications.
NEDME Returns October 22 — The Northwest’s Premier Design & Manufacturing Expo
10/13/2025 | NEDMEThe Northwest Electronics Design & Manufacturing Expo (NEDME) returns on Wednesday, October 22, 2025, at Wingspan Event & Conference Center, Hillsboro. The event brings together engineers, product designers, manufacturers, educators, and community partners for a full day of industry connection, learning, and networking.
Critical Minerals: The New Power Play in Global Trade
10/13/2025 | Marcy LaRont, I-Connect007Access to critical minerals essential for electronics manufacturing, and China’s monopoly of them, is increasingly under scrutiny, with gallium (Ga) and germanium (Ge)at the forefront of this discourse. However, all critical minerals imported from China share a similar narrative, and understanding the implications of this dependency and the risks to both U.S. commercial and defense sectors has created an urgent need for a comprehensive electronics strategy to secure and diversify access to these vital minerals. In this candid interview, USPAE Executive Director Jim Will discusses the issues and the mitigation steps that must be taken to adequately address them.
Precision PCB Acquires Assets of Microplace
10/13/2025 | Precision Technologies Inc.Precision Technologies Inc., doing business as Precision PCB, a One-Stop PCB Fabrication and Assembly services company with 27 years of experience providing Quality, Reliability and Excellence in customer service, has acquired the assets of Microplace, Inc.