Celestica Completes Allied Panels Acquisition
TORONTO, Aug. 30 -- Celestica Inc. (NYSE, TSX: CLS), a global leader in the delivery of end-to-end product lifecycle solutions, today announced it has completed its acquisition of Allied Panels Entwicklungs-und Produktions Gmbh ("Allied Panels"), a leading medical engineering and manufacturing service provider, offering concept-to-full production solutions, with a core focus on diagnostic imaging products.
The acquisition of Austria-based Allied Panels significantly expands Celestica's capabilities in the healthcare diagnostics and imaging market, and broadens its healthcare global network to include a centre of excellence in Europe.
"This acquisition represents a critical step in executing our healthcare strategy to deliver deep technical capability, engineering skills and regulatory expertise to our customers through strategically located regional healthcare centers of excellence," said Sandra Ketchen, Vice President, Healthcare, Celestica. "I am pleased to be working with Allied Panels to drive Celestica's healthcare strategy."
The company will now be referred to as AlliedPanels, a Celestica healthcare company. The details of the transaction are not being disclosed.
About Celestica
Celestica is dedicated to delivering end-to-end product lifecycle solutions to drive our customers' success. Through our simplified global operations network and information technology platform, we are solid partners who deliver informed, flexible solutions that enable our customers to succeed in the markets they serve. Committed to providing a truly differentiated customer experience, our agile and adaptive employees share a proud history of demonstrated expertise and creativity that provides our customers with the ability to overcome any challenge.
For further information on Celestica, visit its website at www.celestica.com
Source: Celestica Inc.
CONTACT: Pam White, Celestica Global Communications, +1 (416) 448-2200, pamw@celestica.com
