• May 12 2020

SOLCARGO represented Creation Technologies in the cross-border acquisition of Applied Technical Services

SOLCARGO assisted Creation Technologies in the cross-border acquisition of Applied Technical Services, an electronics manufacturing services provider that designs and builds electronics components used in a range of products across industries.

The transaction took place in a period of global uncertainty derived from the covid-19 pandemic and reiterates, among other things, Mexico's strength as one of the world's manufacturing poles for the medical, aerospace, technology, and defense industries.

Creation Technologies offers solutions to improve the life cycle of electronic products including turnkey designs, rapid prototyping, manufacturing, and fulfillment for its customers worldwide. The company of approximately 2,700 people operates eight manufacturing locations, two design centers and a rapid prototyping center in the USA, Canada, Mexico and China

The acquisition expands Creation’s capabilities in the Aerospace & Defense, Medical, and Tech Industrial markets. It adds locations in Everett, WA and Hermosillo, Mexico, each offering three highly automated state-of-the-art SMT lines as well as automated through-hole, ICT, flying probe, and functional test capabilities, benefitting Mexico's manufacturing industry

The M&A team was led by partner Fernando Eraña and associates Juan Carlos Izaza and Eduardo Montenegro. The transaction closed on May 7th 2020.

For more information about the case please contact

Fernando Eraña (ferana@solcargo.mx)

Juan Carlos Izaza (juancarlos.izaza@solcargo.mx )

Download the Document here.

About Solcargo:
With 25 years of experience, at SOLCARGO we understand our clients’ needs, providing comprehensive, effective, and efficient legal advice and solutions, allowing us to build long-term business relationships based on trust, professionalism, honesty, and excellence. We are a team of professionals committed to serving the business and entrepreneurial sectors of Mexico and a diverse portfolio of national and international clients and investors.
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