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Ventec International Group and TMT Trading Announce Intention to Merge
January 4, 2016 | Ventec International GroupEstimated reading time: 1 minute
Ventec International Group, a world leader in the production of polyimide and high reliability epoxy laminates and prepregs, announced the intention to merge with TMT Trading GmbH, a leading distributor of PCB base-materials including consumables and flex- and rigid-flex circuit board materials. The intention to merge was officially announced today and is expected to take effect in early 2016.
The management of Ventec International, headquartered in Suzhou, China, and TMT Trading GmbH, headquartered in Kirchheimbolanden, Germany, announced today that they have entered into discussions to merge TMT with the Ventec International Group. The merger is planned for early 2016. Until that time, both companies will remain fully independent entities and business will continue as usual.
The merger will widen Ventec’s product offering to include complementary products such as back-up, entry & routing materials, foils, clean room products and coatings, offering a one-stop-shop for customers of laminates and PCB base materials.
Tony Lau, Ventec International Group’s CEO commented: “Our combined company will be in a stronger position for continued growth over the long term. We will have enhanced product offerings, allowing us to better serve our global clients, as well as the opportunity to attract new customers and expand into new niche markets.”
Thomas Michels, CEO of TMT and Managing Director of Ventec Central Europe added: “TMT has been working in partnership with Ventec for a number of years. A merger is a natural progression in the relationship, which will greatly benefit both our customer bases through the synergies our partnership bring.”
About Ventec International
With volume manufacturing facilities and HQ in Suzhou China, Ventec International specializes in advanced copper clad glass reinforced and metal backed substrates for the PCB industry. With distribution locations and quick-turn CCL manufacturing sites in both the US and Europe, Ventec International is a premier supplier to the Global PCB industry. For more information, visit www.venteclaminates.com, www.ventec-usa.com or www.ventec-europe.com.
About TMT Trading GmbH
TMT Trading GmbH is a leading distributor of base-materials, laminates, drilling boards and other consumables for the manufacture of printed circuit boards for a diverse range of applications. TMT's global distribution network enables the supply to customers in all regions of the world. For more information, visit www.tmt-company.com.
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