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🌍 Cyient DLM Expands Global Footprint with Strategic Acquisition of Altek Electronics! In a significant milestone for its growth strategy, Cyient DLM Limited has successfully acquired Altek Electronics, Inc., a prominent Electronic Manufacturing Services (EMS) company in the United States. This strategic move enhances Cyient DLM's presence in the North American market while bolstering its capabilities in the Medical & Healthcare and Industrial sectors. 🏥⚙With this acquisition, Cyient DLM gains a diverse customer base, including Fortune 500 clients, and strengthens its position in the burgeoning US Defense market through ITAR compliance. The addition of 80,000 sq ft of manufacturing space will significantly enhance Cyient DLM's global manufacturing capacity, allowing for improved service delivery to clients worldwide. 📈🔧 Anthony Montalbano, CEO of Cyient DLM, noted that this expansion not only enhances their manufacturing capabilities but also strengthens their competitive position in North America. “We are committed to delivering world-class services that meet the evolving needs of our customers,” he added. 💪 As Cyient DLM embarks on this exciting new chapter, the future looks promising, ensuring long-term success and value for customers globally.
#CyientDLM, #AltekElectronics, #IntegratedElectronics, #EMSCompany, #ElectronicManufacturingServices, #KrishnaBodanapu, #AnthonyMontalbano, #DavidAltschuler
Finance Manager at Spectra Connectronics LLP
2wMany More to Come