# Avalon Technologies and Zollner Elektronik form joint venture Zollner Avalon

Avalon Technologies and Zollner Elektronik signed a joint venture agreement to establish Zollner Avalon Private Limited in India. Zollner will initially own 51% and Avalon 49%, with Avalon having an option to acquire an additional 2% to become majority owner. The venture will focus on PCBA manufacturing, system building, testing, and related services.

- Type: Acquisition
- Announced: 2026-09-03
- Where: India, India
- Status: announced
- Products: printed circuit board assemblies (PCBA), system integration
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Zollner Elektronik AG](https://endata.com/companies/64093.md) (partner)
- [Avalon Technologies](https://endata.com/companies/93796.md) (partner)

## Sources

- [se.marketscreener.com](https://se.marketscreener.com/nyheter/avalon-technologies-och-zollner-elektronik-ing-r-samarbetsavtal-for-att-bilda-samriskbolaget-zollner-ce785bdad889f021), 2026-09-03: "Avalon Technologies meddelar att styrelsen vid sitt möte den 3 september 2026 har godkänt ett samarbetsavtal (Joint Venture Agreement) mellan Avalon Technologies och Zollner Elektronik."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.