While the talk of DDi-Coretec and TTM-Meadville and Viasystems-Merix understandably rules the headlines, there are plenty of smaller deals taking place too.
Indeed, market analysis shows that the most difficult time for most flailing companies comes not during a downturn but on the recovery end of the slope.
Whether that’s the case with FM Circuits or Waytec is not clear, but both firms have been snatched up by Epec in recent weeks, the latter being announced today. We also get news of another small East Coast PWB fabricator in play; hopefully we can report that later today.
I’m not surprised about these deals. In fact, if anything, I’m surprised there aren’t more taking place.