IMCO Group, which is taking part in the ongoing DEFEA exhibition in Athens, has acquired EMT Electronics Manufacturing Technologies, a company that specializes in the design, manufacturing, and testing of electronic circuits. The deal is worth NIS 7 million.
The acquisition furthers IMCO Group’s strategy to be a one-stop shop for customers in the security, defense, medical and civilian fields. With EMT’s proven excellence in the design and production of integrated circuits, IMCO now offers a complete in-house solution, including electronic manufacturing.
“This move is a further step in IMCO Group’s path to provide its customers with complete solutions tailored for customer’s requirements, converging towards Tier-1 customers worldwide,” said Eitan Zait, IMCO Industries CEO. “We are glad to announce this expansion, giving us further in-house capabilities of designing and assembling electronic PCBs. EMT is a leader company in the field, and we are convinced it will contribute to our entire group and allow us to continue to lead and provide our customers with complete and advanced turn-key solutions.”
“We are proud and excited to join the IMCO Group, and are confident that our proven excellence for the production and integration of electronic systems and assembly of electronic PCB’s will enable the group to enrich its capabilities and provide its customers with state-of-the-art solutions at the highest standards and technologies,” said Yaniv Hadar, EMT CEO.
IMCO delivers a range of solutions from electrical harnesses and electro-mechanical devices to cutting-edge LED lighting systems. Founded in 1974, IMCO has been a trusted supplier and partner of the defense industry for nearly five decades. The company has been involved in generation after generation of some of the most reliable fighting vehicles, including the Merkava tank and the Namer APC.
Nir Or, IMCO Industries subsidiary, is leading the participation of IMCO Group at the DEFEA exhibition.
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