Cemtrex, an industrial and manufacturing solutions company, has entered into an agreement to acquire electronics manufacturer, The Target.
The Target is a company focused on electronic manufacturing services primarily for the major German automotive manufacturers, including Tier 1 suppliers in the industry, as well as for industries like telecommunications, industrial goods, luxury consumer products, display technology, and other industrial OEMs.
The Target’s projected annual revenues for the next 12 months is expected around €30 million and the company has a history in the electronics manufacturing industry extending back decades. [Read more…] about Cemtrex to acquire electronics manufacturer specializing in automotive technologies
