Canadian company Celestica continues its strategy of broadening its assets in the end-to-end product life-cycle market, announcing that it has agreed to acquire D&H Manufacturing Co., in Fremont, Calif.
D&H focuses on manufacturing precision machined components and assemblies and supplying engineering, prototyping and support services for the semiconductor capital equipment market. It generates approximately $80 million in annual revenue and employs approximately 350 people.
“The acquisition of D&H further strengthens Celestica’s diversified markets offering and will allow us to provide our customers with additional capability in large-scale and high-quality precision machining,” Celestica President and CEO Craig Muhlhauser said in a statement.
Celestica has made similar acquisitions. In June 2011, Celestica acquired Brooks Automation’s semiconductor equipment contract manufacturing operations. In 2010, Celestica acquired Allied Panels, a medical engineering company.