# Victory Giant Technology to acquire APCB Electronics for up to 279 million yuan

Victory Giant Technology (Shengyi Technology) will acquire 100% of APCB Electronics (Thailand) for up to 279 million yuan, and then inject 500 million yuan into the subsidiary to establish it as a Thailand production base for multilayer PCBs.

- Type: Acquisition
- Announced: 2024-08-09
- Where: Thailand, Thailand
- Value: $38.8M (279.0M CNY)
- Status: announced
- Products: multilayer printed circuit boards
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Victory Giant Technology](https://endata.com/companies/79093.md) (acquirer)
- [APCB Electronics (Thailand)](https://endata.com/companies/79094.md) (target)

## Sources

- [beta.zhitongcaijing.com](http://beta.zhitongcaijing.com/content/detail/1162551.html), 2024-08-09: "本次收购系公司实施全球化战略的举措之一，收购完成后，标的公司将成为公司在泰国的生产基地"

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