Delta has been a long term customer partner of Universal Instruments. Universal Instruments provides precision automation solutions in a broad range of fields, including automotive, computing, medical, industrial, as well as printed circuit board surface mount placement and odd-form insertion
Delta Electronics, Inc., a provider of smart energy-saving solutions, has announced the agreement to acquire, through its subsidiary Delta International Holding Limited B.V., UI Acquisition Holding Co., owner of Universal Instruments Corporation and its worldwide branches and subsidiaries for an estimated amount of US$88.9 million.
“Delta has been a long term customer partner of Universal Instruments, and we are privileged to now be part of the Delta family. Delta’s global scale, strong presence in Asia, smart manufacturing prowess, and deep understanding of electronics automation needs supports our technology development and growth strategy. This unique combination will expand our scalability, improve our global reach, and also complement our supply chain and manufacturing footprint, thereby greatly benefiting all our customers,” said Jean-Luc Pelissier, Universal’s chief executive officer.
Universal Instruments boasts a lineage of over 100 years and provides precision automation solutions to world-leading customers in a broad range of fields, including automotive, computing, medical, industrial, as well as printed circuit board surface mount placement and odd-form insertion. The transaction is expected to generate substantial synergies by leveraging both companies’ R&D and global customer base and to strengthen Delta’s smart manufacturing capabilities for the electronics industry.
Ping Cheng, Delta’s chief executive officer, said, “Universal Instruments has built a remarkable track record and long-lasting customer relationships in the electronics manufacturing field, which is a key focus of Delta’s industrial automation business. Furthermore, by adding Universal’s precision automation machine offering and leading technologies to our highly diversified industrial automation portfolio, we can offer customers total solutions capable of enhancing the productivity and carbon footprint of their production lines.”
He added, “Universal Instruments’ rich experiences in standard automation machines will also enhance Delta’s product development processes. We look forward to cooperating deeply with Universal Instruments to accelerate the development of Delta’s next-generation smart manufacturing solutions.”
