April 07, 2020<< Back
BizLink Holding Inc. Completes the Acquisition of Speedy Industrial Supplies Pte Ltd
TAIPEI, April 07, 2020 –BizLink Holding Inc., a leading global interconnect solutions provider, announced today it has completed the transaction to wholly acquire Speedy Industrial Supplies Pte Ltd. Speedy Industrial's financials will be consolidated into BizLink's from April 07, 2020.
Speedy Industrial recorded sales of SGD 31.4 million in FY19, and has about 250 employees. This deal includes the acquisition of two production facilities, one in Singapore and one in Malaysia, new product offerings and services, and a strong set of complementary customers.
BizLink is very excited to join hands with Speedy Industrial's talented and experienced team of professionals, and highly anticipates working closely together to drive the combined business forward to better serve our valued customers.
BizLink will leverage this deal to solidify our market position within the Semiconductor and Medical Equipment industries as well as add Electronic Manufacturing Service capabilities to enhance long-term shareholder value.