# USI completes acquisition of French EMS Asteelflash

Universal Scientific Industrial (USI), an EMS subsidiary of ASE Technology, successfully acquired 100% stake in Asteelflash Group from Financiere AFG, as announced on 4 December 2020.

- Type: Acquisition
- Announced: 2020-12-04
- Where: France
- Status: completed
- Products: electronics manufacturing services
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Universal Scientific Industrial](https://endata.com/companies/29847.md) (acquirer)
- [Asteelflash Group](https://endata.com/companies/32802.md) (target)
- [ASE Technology Holding Co](https://endata.com/companies/33713.md) (investor)

## Sources

- [digitimes.com](https://www.digitimes.com/news/a20201204PD201.html), 2020-12-04: "Universal Scientific Industrial, an EMS subsidiary of ASE Technology, has successfully acquired 100% stake in Asteelflash Group from Financiere AFG."

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