Laval n gocie/

Article Abstract:

There are three potential bidders, including a company active in electronics, for the 8,000-m2-large plant which the Chinese group Starlite-Kotron left in June 1998. The unit, based in Laval , delivered an output limited to 5,000 TV sets a year with a staff of 38 when the Chinese group was expected to produce over 100,000 units a year with a 200 staff. Only one line out of three were operational during the two years during which Starlite-Kotron had been running the unit. The company was hit by the collapse of the small TV market (36 cm) and the rising competition from Turkey.

Comment:

Gets three potential bidders, including co active in electronics, for 8,000-m2-large plant in Laval, west of Paris

Audio and Video Equipment Manufacturing, Television Sets, Starlite-Kotron

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Nicomatic investit/

Article Abstract:

Nicomatic is relocating four production sites, all located in the same village (Bons-en-Chablais in the department of Savoie) but in different locations, into one single unit in the village. The operation represents an investment of FFr 10mn for the French manufacturer of connectors and domes for keyboards. The new unit will be operational by the end of 1998. The company expects to increase its turnover to some FFr 80mn in 1998 (FFr 50mn in 1997) which does not include the turnover of Arol, the company which Nicomatic took over lately.

Comment:

Is relocating 4 production sites, all located at Bons-en-Chablais village in Savoie, France, into one single unit in the village

Electronic Connector Manufacturing, Connectors NEC, Electronic connectors, Nicomatic

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GRME FINALISE/

Article Abstract:

GRME has increased its purchase potential in electronic components to FFr 150mn in 1998 compared to a turnover of FFr 240mn in electronic subcontracting, a business where the French group has five subsidiaries. The French company has just completed the actual acquisition of the subcontracting activity of Clemessy. The activity, specialized in the integration of complete electronic sets and the manufacturing of boards using the conventional technology, is to be merged with GRME's subsidiary CSE, active in the assembly of CMS cards.

Comment:

Completes actual acquisition of subcontracting activity of Clemessy

Acquisitions & mergers, Other Electrical Equipment and Component Manufacturing, Other Electronic Component Manufacturing, Electronic Components, Contract Electronic Component Assembly, Clemessy S.A., Electronic component assemblies, GRME

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