Sanmina-SCI concludes acquisition of three of Alcatel's European manufacturing facilities with takeover of factory in Toledo, Spain

July 1, 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 Toledo, Spain. This asset purchase completes the three phases 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. It follows the announcement of the completion of the purchase of the Gunzenhausen facility, announced on April 3, 2002 and the completion of the Cherbourg facility, announced on May 23, 2002. Terms of the transaction and multi-year supply contract were not disclosed. Sanmina-SCI Corp. Alcatel SA

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