# Salzer Electronics withdraws acquisition proposals for overseas companies

Salzer Electronics has withdrawn its acquisition proposals for Advanced ID Asia Engineering Company, Thailand and United Marketing and Trading, Hong Kong, following detailed due diligence.

- Type: Acquisition
- Announced: 2018-10-24
- Status: cancelled
- Products: switchgears, wires & cables, energy management solutions
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Salzer Electronics](https://endata.com/companies/35085.md)
- [Advanced ID Asia Engineering Company](https://endata.com/companies/35086.md) (target)
- [United Marketing and Trading](https://endata.com/companies/35087.md) (target)

## Sources

- [udaipurkiran.com](https://udaipurkiran.com/salzer-electronics-withdraws-acquisition-proposals-regarding-overseas-companies/), 2018-10-24: "Salzer Electronics has withdrawn their acquisition proposals regarding Overseas Companies — Advanced ID Asia Engineering Company, Thailand and United Marketing and Trading, Hong Kong."

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