Scanfil invest EUR 4.3 million in SRX Malaysia due to high customer demand
Scanfil acquired SRX Malaysia on 4 October 2024. Due to increasing customer demand, Scanfil invests EUR 4.3 million in new SMT (Surface-mount technology) and THT (Through Hole Technology) lines for electronics production.
“Currently, SRX Malaysia has four SMT lines, and the new modern SMT and THT lines will significantly increase capacity and improve quality control” says Scanfil’s VP of Asian Operations Christian Kesten, and continues “From our previous talks with customers, we knew there was a possible demand for Malaysian manufacturing in our customer base. The need for investment confirms this perception. At the same time, with this investment, we are adjusting the factory layout and warehouse management for the future”.
The Malaysian factory, located in Johor Bahru, is specialized in complex box build. It has a production area of approximately 5,000 m² and employs approximately 170 people.
"I am delighted to see that our strategic acquisition of SRX has been positively received by our customers. We will continue to develop SRX operations in a flexible manner to meet customer demand," states Scanfil’s CEO Christophe Sut.
The investment starts in February 2025 and should be in production in the second half of 2025.
Further information:
Christophe Sut
CEO
tel. +46 721 51 75 02
christophe.sut@scanfil.com
Pasi Hiedanpää
Director, Investor Relations and Communications
tel. +358 50 378 2228
pasi.hiedanpaa@scanfil.com
Scanfil in brief
Scanfil plc is Europe’s largest listed provider of electronics manufacturing services (EMS), whose turnover in 2023 amounted to EUR 902 million. The company serves global sector leaders in the customer segments of Industrial, Energy & Cleantech, and Medtech & Life Science. The company’s services include design services, prototype manufacture, design for manufacturability (DFM) services, test development, supply chain and logistics services, circuit board assembly, manufacture of subsystems and components, and complex systems integration services. Scanfil’s objective is to grow customer value by improving their competitiveness and by being their primary supply chain partner and long-term manufacturing partner internationally. Scanfil’s longest-standing customer account has continued for more than 30 years. The company has global supply capabilities and eleven production facilities across four continents. www.scanfil.com
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