Kaynes Technology India has signed Share Purchase agreement to acquire 100% of August Electronics Inc., a Canadian EMS provider based in Calgary, Alberta. The transaction will be executed through company’s wholly owned step-down subsidiary -- Kaynes Canada. This strategic acquisition strengthens company’s North American footprint and supports its global expansion strategy by enhancing localized manufacturing, supply chain agility, and engineering capabilities.
With over 30 years of experience, August Electronics is known for delivering high-quality EMS solutions across sectors including high-tech electronics, industrial automation, medical devices, and energy. Its modern Calgary facility, staffed by an experienced team, serves marquee customers in high-margin segments -- making the acquisition margin accretive and value enhancing for the company.
Kaynes Technology India is an end-to-end and IoT solutions enabled integrated electronics manufacturing player, having capabilities across the entire spectrum of electronics system design and manufacturing (ESDM) services.
| Company Name | CMP |
|---|---|
| Vikram Solar | 216.45 |
| Syrma SGS Technology | 1121.70 |
| Saatvik Green Energy | 474.30 |
| Kaynes Technology | 4457.50 |
| Fujiyama Power Syste | 275.15 |
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