Sunshine Global Circuits (SGC) announced the acquisition of Vision Industries Sdn. Bhd. in Penang, Malaysia. This acquisition is an important step in extending Sunshine’s manufacturing capabilities into Southeast Asia, and will enhance Sunshine’s product offerings in microwave and RF circuit boards. The combination further establishes SGC as a premier international PCB manufacturer after the establishment of Sunshine USA in 2011 and the acquisition of Sunshine Germany in 2013.
Mark Zhang, president and chairman of SGC stated, “This acquisition will allow Sunshine and Vision to integrate our capabilities and services to enable us to better serve our customers world-wide. This is a very exciting step for our Company and we wholeheartedly welcome the Vision employees to the Sunshine family. With this acquisition as the starting point, Sunshine will gradually increase the technology and production capability in Penang. We will add HDI process, advanced automation and quick turn prototyping to elevate the current capabilities while maintaining our high-mix, low-to-medium volume model. Sunshine will devote the necessary resources to scale the Penang facility to be the best manufacturer in Southeast Asia for Rigid and RF PCBs.”
The closing of this acquisition is subject to government and regulatory approval, and is expected to be finalized in May 2023.