# Creation Technologies to acquire IEC Electronics for $242.3M

Creation Technologies Inc. will acquire all outstanding shares of IEC Electronics Corp. for $15.35 per share in cash, representing an enterprise value of $242.3 million including debt. The merger will combine two electronics manufacturing services providers.

- Type: Acquisition
- Announced: 2021-08-12
- Where: United States
- Value: $242.3M
- Status: announced
- Products: electronic manufacturing services
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [IEC Electronics](https://endata.com/companies/18338.md) (target)
- [Creation Technologies](https://endata.com/companies/47098.md) (acquirer)

## Sources

- [creationtech.com](https://www.creationtech.com/press/iec-and-creation-technologies-sign-merger-agreement/), 2021-08-12: "IEC and Creation today jointly announced the signing of a definitive merger agreement under which Creation will acquire all outstanding shares of IEC for $15.35 per share in cash."

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