The alliance between the two companies is the result of a collaboration that began in 2009. The founder and CEO of the Taiwanese company, Saint-Yeh, will remain a significant shareholder alongside FCI. Anytek Group's successful strategy, business model, and teams will continue to operate under his leadership.
With this agreement, FCI leverages Anytek's strong position in the growing electronic terminal block market.

 


“We are thrilled to welcome Anytek to the FCI family,” said Pete Curwen, corporate vice president and general manager of FCI-Electronics Division. “We are very impressed by the accomplishments of San Yeh and his team, and we look forward to helping them achieve their amazing growth potential.”.


“Over the past two years of continuous development of our business relationship, FCI has impressed us not only with its size and market presence but, above all, with the success it has achieved in combining a global culture with a highly decentralized and entrepreneurial spirit,” concludes San Yeh.


The transaction was signed on May 20, 2011. Closing is subject to customary regulatory approval and is expected to take place in June 2011.

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