We are pleased to inform you that yesterday, TTM Technologies (TTM), a publicly-traded global electronics manufacturer (NASDAQ:TTMI), and Swiss Technology Group AG (STG), have announced a definitive agreement for TTM to acquire STG, subject to regulatory approvals.
TTM is recognized globally as a leading interconnect and integrated electronic solutions provider, and this acquisition brings together two companies that are leaders in their market spaces. This event will be a key step in TTM’s expansion into the European market, and a strong enabler of accelerated growth and expansion for STG. Edwin Roks, President and Chief Executive Officer of TTM Technologies said, “The acquisition of Swiss Technology Group AG demonstrates TTM’s strategic commitment to diversification through both product and geographic means, expanding our collective technology solution capabilities while building on STG’s strong legacy.”
The transaction is subject to various regulatory and government approvals, and is expected to close in 2026. For the time being, we refer to TTM’s press release https://investors.ttm.com/news-events/press-releases/detail/406/ttm-technologies-inc-to-acquire-privately-held for any further information.
This is an exciting step for STG as we move forward into our new future. We will keep you updated on any significant developments.
About TTM
TTM Technologies, Inc. is a leading global manufacturer of technology products, including mission systems, radio frequency (“RF”) components, RF microwave/microelectronic assemblies, and technologically advanced interconnect products, including PCBs and substrates. TTM stands for time-to-market, representing how TTM’s time-critical, one-stop design, engineering and manufacturing services enable customers to reduce the time required to develop new products and bring them to market. Additional information can be found at www.ttm.com.
Contact:
David Achermann, CEO
david.achermann@swiss-technology-group.com