DEK Acquisition To Take SMT Business To A Higher Ground

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Pursuant to the announcement of the acquisition of the DEK business on 3 December 2013, ASM Pacific Technology Limited (“ASMPT” / the “Group”) (Stock code: 522) is pleased to announce that the acquisition of the DEK business has now been completed.

Mr. Lee Wai Kwong, Chief Executive Officer of ASMPT, said, “Being a leading supplier of assembly and packaging in the semiconductor and LED market as well as SMT equipment and systems in the electronics industry, ASMPT has made this acquisition in order to expand its solution portfolio for electronics manufacturing and to significantly improve its competitive position”. The DEK Business is a market leader of screen printers in the surface mount technology (“SMT”) equipment segment. The DEK team, with over 700 employees worldwide, will be integrated into the Group to strengthen the Group’s SMT business. The DEK brand name will be retained. The Group’s SMT business unit will immediately commence marketing and sales of screen printers under the DEK brand name.

“Our plan is to combine DEK’s products with the Group’s back-end and SMT equipment businesses to offer customers in the SMT market an integrated closed loop system consisting of screen printing, solder paste inspection and placement”, Mr. Lee further commented. The DEK Business will present the Group with significant opportunities to generate cost synergies through increased efficiencies in the areas of logistics, research and development, production, sales, service and procurement, and the consolidation of common infrastructure and overheads.

“The DEK Business will certainly complement the Group’s SMT business as the Group will be able to broaden the sales base and gain further market share for its SMT placement equipment market which will help us in achieving our goal of becoming World #1 in the SMT market”, Mr. Lee concluded.