Delta Electronics, Inc. has agreed to acquire UI Acquisition Holding Co., owner of Universal Instruments Corporation for an estimated amount of US$88.9 million. The acquisition includes all its worldwide branches and subsidiaries and was made through Delta International Holding Limited B.V.
Universal Instruments is a global leader in precision automation solutions for smart manufacturing and boasts a lineage of over 100 years. It provides precision automation solutions to world-leading customers in a broad range of fields, including automotive, computing, medical, industrial, as well as printed circuit board (PCB) surface mount placement and odd-form insertion. The transaction is expected to generate substantial synergies by leveraging both companies’ R&D and global customer base. It is also expected to strengthen Delta’s smart manufacturing capabilities for the electronics industry.
Ping Cheng, Delta’s Chief Executive Officer, said, “Universal Instruments has built a remarkable track record and long-lasting customer relationships in the electronics manufacturing field, which is a key focus of Delta’s industrial automation business. By adding Universal’s precision automation machine offering and leading technologies to our highly diversified industrial automation portfolio, we can offer customers total solutions capable of enhancing the productivity and carbon footprint of their production lines. Universal Instruments’ rich experiences in standard automation machines will also enhance Delta’s product development processes. We look forward to cooperating deeply with Universal Instruments to accelerate the development of Delta’s next-generation smart manufacturing solutions.”
For its part, Jean-Luc Pelissier, Universal’s Chief Executive officer, commented “Delta has been a long term customer partner of Universal Instruments, and we are privileged to now be part of the Delta family. Delta’s global scale, strong presence in Asia, smart manufacturing prowess, and deep understanding of electronics automation needs supports our technology development and growth strategy. This unique combination will expand our scalability, improve our global reach, and also complement our supply chain and manufacturing footprint, thereby greatly benefiting all our customers.”
Throughout its 100-year history, Conklin, New York-based Universal Instruments has devoted itself to technological innovation and development, reflected in its 500+ patent portfolio and close to 30,000 systems delivered to date. The company offers precision automation solutions for advanced applications requiring high accuracy, high-speed handling, assembly, and inspection.
In addition, Universal Instruments developed its Advanced Process Lab (APL) platform, which assists customers in each phase of the products’ lifecycle, including prototyping, process development, analytics, and advanced assembly.