# TTM Technologies to sell four China PCB plants for $550M

TTM Technologies agreed to divest its four China manufacturing plants comprising substantially all assets of its Mobility business unit to AKMMeadville Electronics for $550 million in cash.

- Type: Acquisition
- Announced: 2020-01-23
- Where: China, China
- Value: $550.0M
- Status: announced
- Products: printed circuit boards
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [TTM Technologies](https://endata.com/companies/28532.md)
- [Xiamen Semiconductor Investment Group](https://endata.com/companies/28895.md) (investor)
- [AKMMeadville Electronics (Xiamen) Co., Ltd.](https://endata.com/companies/44734.md) (acquirer)
- [Meizhi Investment (Xiamen) Co., Ltd.](https://endata.com/companies/44735.md) (investor)
- [AKM Electronics Industrial (Panyu) Ltd.](https://endata.com/companies/44736.md) (investor)
- [Anmei Ventures (Xiamen) Equity Investment Partnership](https://endata.com/companies/44737.md) (investor)

## Sources

- [omm.com](https://www.omm.com/news/press-releases/o-melveny-acts-for-ttm-technologies-on-sale-of-four-china-manufacturing-plants/), 2020-01-23: "TTM has agreed to divest its four China manufacturing plants comprising substantially all of the assets of its Mobility business unit as a separate enterprise for $550 million in cash consideration."

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