# KATEK to acquire Nextek for $37M in Madison, USA

KATEK SE signed a purchase agreement to acquire 100% of Nextek Inc., a US electronics manufacturer with $37M in annual sales and 170 employees. The transaction is expected to close in Q1 2023.

- Type: Acquisition
- Announced: 2022-11-28
- Where: Madison, United States
- Value: $37.0M
- Status: announced
- Products: complex electronics, prototyping, electronic assembly manufacturing
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [KATEK SE](https://endata.com/companies/62205.md) (acquirer)
- [Nextek](https://endata.com/companies/66919.md) (target)

## Sources

- [iconnect007.com](https://iconnect007.com/article/134261/katek-signs-purchase-agreement-for-100-takeover-of-american-nextek-decides-on-capital-increase/134264/smt), 2022-11-29: "This new member of the KATEK family ideally complements the acquisition of Canadian SigmaPoint, which was completed only in August, as a high-volume supplier of complex electronics."

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