Companies news
Pickering Pacific: Transaction Announcement
Pickering Pacific is delighted to announce that it acted as exclusive financial advisor to the shareholders of Speedy Industrial Supplies on the sale of their 100% stake in the company to BizLink Holding Inc. The transaction is valued at SGD 65m and was signed on 20 February 2020
Speedy Industrial Supplies Pte Ltd is a leading Singapore-based integrated Electronic Manufacturing Services (EMS) solutions provider with full in-house manufacturing capabilities that provides high-mix low-volume customized solutions to specialty markets.
BizLink Holding Inc. is a US-headquartered, Taiwan-listed global vertically integrated supplier of interconnect products including connectors, wire, cable assemblies, wiring harnesses and fiber optic devices. It has manufacturing capabilities in China, Malaysia, Mexico, Slovakia, Serbia and the US. BizLink serves the information technology, data communications, medical equipment, consumer electronic, motor vehicle, photovoltaic, home appliance, fiber optic and industrial equipment industries. BizLink’s revenue was USD 709m in 2018.
