Standard of Excellence: Anticipating Customer Needs Early and Often
The Knowledge Base: At the Forefront of Electronics Manufacturing
Global Citizenship: Training the Next Generation of Talent
Onex Intends to Convert its Celestica MVS to SVS
March 20, 2023 | Celestica Inc.Estimated reading time: Less than a minute
Celestica Inc., a leader in design, manufacturing and supply chain solutions for the world's most innovative companies, is announcing Onex’ stated intention to convert its multiple voting shares (MVS) in Celestica then held to subordinate voting shares (SVS), on a one-for-one basis, in approximately six months.
“Celestica and Onex have shared a productive relationship for over 25 years. The planned conversion of Onex’ MVS and the simplification of Celestica’s voting structure is the natural next step in the company’s evolution,” said Bobby Le Blanc, President of Onex.
“In 2022, Celestica posted its highest annual non-IFRS operating margin and highest non-IFRS adjusted EPS in the company’s history. Celestica is a much different company than it was just five years ago and we view this as the next logical phase in the company’s transformation,” said Rob Mionis, President and CEO, Celestica.
Celestica also announced it intends to file a Canadian base shelf prospectus.
Share on:
Suggested Items
Serial Production of High-tech Sensor as Saab Expands in Finland
04/01/2025 | SaabThe newly inaugurated serial production facility is a milestone both for Saab’s expansion in Finland and the development of Sirius Compact. Increasing demand for the passive electronic warfare sensor has driven the need for serial production.
IPC Announces New Board Members at IPC APEX EXPO 2025
03/20/2025 | IPCAt the 68th IPC Annual Meeting on March 19, held in conjunction with IPC APEX EXPO 2025, the IPC Board of Directors announced new officers and first-term members. Board officers serve a two-year term, board members serve a four-year term, and the student board member serves a one-year term.
Long-time Industry Icon Peter Bigelow Inducted into the IPC Raymond E. Pritchard Hall of Fame at IPC APEX EXPO 2025
03/20/2025 | IPCIn recognition of his extraordinary contributions to IPC and the electronics manufacturing industry, Peter Bigelow, president of FTG Circuits Haverhill, was inducted into the IPC Raymond E. Pritchard Hall of Fame at IPC APEX EXPO 2025.
Technica USA Appoints Jason Perry as New President
03/19/2025 | Technica USATechnica USA, a leading provider of materials, equipment, and services for the printed circuit board (PCB) fabrication, assembly, MEMS, and semiconductor industries, is pleased to announce the appointment of Jason Perry as its new President.
Merlin Circuit Technology Invest in ESI 5335 Laser Drill Technology
03/19/2025 | Merlin Circuit TechnologyMerlin has been manufacturing HDI products for more than 15 years, firstly with mechanical drilled micro vias and subsequently laser drilled vias with an ESI 5330 Laser Drill.