Sanmina Buys Alcatel's Germany Plant

Transaction represents first phase of company's purchase of three Alcatel European manufacturing facilities

April 3, 2002

1 Min Read

SAN JOSE, Calif. and PARIS -- Sanmina-SCI Corporation (Nasdaq: SANM - news), a leading electronics contract manufacturer, today announced the completion of its asset purchase of Alcatel's (NYSE: ALA; Paris: CGEP.PA) manufacturing facility in Gunzenhausen, Germany. This asset purchase reflects completion of the first phase of Sanmina-SCI's announcement on January 24, 2002 of its acquisition of Alcatel's manufacturing facilities in Cherbourg, France, Gunzenhausen, Germany and Toledo, Spain. Terms of the transaction and multi-year supply contract were not disclosed. Sanmina-SCI expects the acquisitions of the other two facilities to be completed by the summer of 2002. Sanmina-SCI Corp. Alcatel SA

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