March 31, 2016
Vexos and cms electronics team up in a strategic partnership agreement
Vexos, a full service global provider for electronic manufacturing and material services, and cms electronics, an international, full service provider for electronic manufacturing, today announced a strategic partnership agreement. This agreement will strengthen the global reach and scale for each company and give customers additional reach to more easily start locally and scale globally.
The multi-faceted relationship will offer customers the best of both companies from prototype, manufacturing and full box build, with operations now serving North America, Europe, and Asia.
“The partnership between Vexos and cms electronics is a strong strategic fit, leveraging the two leading companies’ respective strengths and gives a greater global reach for our customers,” said David Buckley, President and CEO of Vexos. “In keeping with our focus of local service, global capabilities, this partnership expands the Vexos footprint for our global customers.”
“With Vexos, cms electronics found the perfect partner for our Follow the customer – strategy. We reached another milestone”, declares Michael Velmeden, CEO of cms electronics. “We look forward to a prosperous cooperation which will give benefits not only for both companies, but especially for our customers.”
About cms electronics:
cms electronics is a full-range provider of electronic manufacturing services with first-class quality and maximum efficiency; from product development to design, prototype production, material handling, the assembly of components including testing and assembly up to the finished device, customers receive all these services from one source. Main markets are Automotive, Industrial, Renewable Energy and Medical. Production sites are in Klagenfurt am Wörthersee / Austria (headquarter), in Fonyod / Hungary and in March-Freiburg (Germany); Sales offices in Kassel and March-Freiburg / Germany and in Çorlu / Turkey; two Trading-Offices in China (Hong Kong and Shenzhen). cms electronics has approx. 400 employees and generated 2015 a revenue of more than € 81 million. www.cms-electronics.com
Vexos is a full service, high-mix, low- to mid volume electronics manufacturer and material services provider with a proven track record of supplying state-of-the-art, quality solutions to a diverse group of original equipment manufacturers primarily in the industrial, communications, lighting, medical device, automotive, display technology, and security markets. With manufacturing locations in the US, Canada and Asia, Vexos' global infrastructure and innovative solutions provides the flexibility from sourcing materials to producing PCBA sub-assemblies and final assembly including testing, finished device, and delivery to end customer. (vexos.com)