Sanmina-SCI Australia completes Startronics merger

August 28, 2007

Startronics Pty Ltd ("Startronics"), a Sydney, Australia-based electronics manufacturing services (EMS) provider services a diverse range of markets including banking; defense, communications, traffic control, medical, and gaming in Australia and New Zealand, announced its merger with Sanmina's Australian operations had been successfully completed. Startronics is owned and controlled by Pacific Equity Partners and Allen Capital Private Equity, and is the market leader in electronics manufacturing in Australia.

The combined business entity will trade under the name Startronics. This deal forms the largest electronics manufacturing services company in Australia by combining the local market leader with the largest offshore player operating in the region.

As a result of the merger, Startronics will be able to provide its clients with global sourcing of products and components at internationally competitive prices. Startronics clients will also benefit from an expanding geographical footprint of high quality facilities across Australia and New Zealand.

Startronics' new CEO Paul Appleby said Sanmina's Australian operations complemented the Startronics business and would enhance services for clients of the electronic manufacturing and repairs business. "The merger of Startronics with Sanmina's Australian operations will allow us to take advantage of economies of scale and benefit from the global network Sanmina brings," said Appleby.

"We are growing our presence with operations in Sydney, Melbourne, Perth and Wellington and we will also have opportunities to facilitate high-volume, low-cost manufacturing through Sanmina's Asian facilities where appropriate", he added.

Source: Startronics