Delta Electronics, Inc., later referred to as "Delta", announced an agreement to acquire UI Acquisition Holding Co. on December 18, 2021. It is the owner of Universal Instruments Corporation and its worldwide branches and subsidiaries, for an estimated US $88.9 million (approximately NT $2,471,420 thousand) through its subsidiary Delta International Holding Limited.
A global pioneer in precise automation solutions for smart manufacturing, Universal Instruments has over 100 years of experience in industries such as automotive, computing, medical, industrial, and odd-form insertion of printed circuit boards.
The acquisition will extend Delta's smart manufacturing capabilities into the electronics industry realm.
Universal Instruments has built a remarkable track record and long-lasting customer relationships in the electronics manufacturing field, which is a key focus of Delta's industrial automation business. Furthermore, by adding Universal's precision automation machine offering and leading technologies to our highly diversified industrial automation portfolio, we can offer customers total solutions capable of enhancing the productivity and carbon footprint of their production lines. Universal Instruments' rich experience in standard automation machines will also enhance Delta's product development processes. We look forward to cooperating deeply with Universal Instruments to accelerate the development of Delta's next-generation smart manufacturing solutions."
Mr. Ping Cheng, Delta's chief executive officer
Delta has been a long-term customer partner of Universal Instruments, and we are privileged to now be part of the Delta family. Delta's global scale, strong presence in Asia, smart manufacturing prowess, and deep understanding of electronics automation needs support our technology development and growth strategy. This unique combination will expand our scalability, improve our global reach, and also complement our supply chain and manufacturing footprint, thereby greatly benefiting all of our customers."
Jean-Luc Pelissier, Universal's chief executive officer avers
Based in Conklin, New York, Universal Instruments has dedicated itself to technological research and development over its 100-year history, as evidenced by its 500+ patent portfolio and close to 30,000 systems deployed to date.
The company offers precise automation solutions for advanced applications demanding high accuracy, high-speed handling, assembly, and inspection.
Furthermore, Universal Instruments created the Advanced Process Lab (APL) platform, which aids customers throughout the product's lifecycle.
Following the transaction mentioned above, Universal Instruments will continue to operate under the guidance of its original management team.
** The transaction is subject to fulfilling certain closing conditions outlined in the Purchase Agreement.
About Delta
Delta Electronics, founded in 1971, is a market leader in switching power supply and thermal management devices on a global scale. It also manufactures thermal management products, with a diverse portfolio of smart energy-saving systems and solutions for smart manufacturing and sustainable cities.
Delta, a world-class corporate citizen, uses its core skills in high-efficiency power electronics and its CSR-embedded business model to address critical environmental concerns, such as climate change.
Delta serves customers from approximately 200 sales, R&D, and manufacturing locations spread across five continents.
Delta has garnered numerous global honors for its business achievements, innovative technologies, and commitment to CSR.
Listed on the Dow Jones Sustainability TM Indices (DJSI) World Index since 2011, Delta's ESG performance was acknowledged with the top score in the global electronic equipment industry by DJSI in 2021.
In 2020, Delta received two "A" leadership ratings from CDP for its significant contribution to climate change and water security problems, as well as Supplier Engagement Leader.