Interplex Industries has been sold to Amtek Engineering

Amtek Engineering Ltd (SGX:M1P; “Amtek” or the “Company”), a world-leading precision engineering company announced the proposed acquisition of all of the issued and outstanding shares of Interplex Industries, Inc. (“Interplex”) for a purchase price up to $210 million. The transaction is subject to shareholder and regulatory approvals and would be completed by the merger of Amtek USA Mergerco, Inc., an indirect wholly owned subsidiary of the Company, with and into Interplex.

Interplex, with extensive worldwide operations, is a leader in the design and manufacture of miniature precision engineered solutions for highly demanding custom interconnect, electronic packaging and mechanical/electromechanical applications. Interplex boasts one of the most comprehensive sets of application design, precision metal, plastic and assembly solutions serving a diverse group of end markets including automotive electronics/mechatronics, medical, mobile devices and other electronic components. Interplex leverages its broad, vertically integrated global resources of stamping, plating, molding and other value-added services to provide turnkey design and manufacturing solutions to customers worldwide.

“We are delighted with Amtek’s acquisition of Interplex. Interplex has a long and successful track record in servicing blue-chip customers with market-leading miniature precision engineered solutions and application design services, and with Amtek, we believe we will build upon this track record. We are confident this transaction is the right decision for our customers, our staff and our business, and we look forward to working with Amtek on the next phase of Interplex’s growth,” commented Steven Feinstein, President of Interplex.

Mr. Daniel Yeong Bou Wai, Chairman and Chief Executive Officer of Amtek added, “We are excited about this new chapter in the growth of Amtek. We believe that this transaction will not only add to Amtek’s stable of capabilities and geographic coverage, but also bring on board a stellar management team with a proven track record. Interplex’s miniature precision engineered solutions, blue-chip customer base and global footprint are highly complementary to Amtek. I look forward to our management teams working together and believe that the combined skills and know-how of both teams will only serve to propel Amtek forward to bigger and better things.”

Lincoln International represented Interplex, and Rippledot Capital represented Amtek in this transaction.

Legal advisors for Interplex were Golenbock Eiseman Assor Bell & Peskoe LLP and Cuddy & Feder LLP.

Amtek utilized Latham & Watkins as its legal advisor, Ernst & Young as its accounting advisor and Deloitte & Touche as its tax advisor.

About Amtek Engineering Ltd.

Amtek was established in 1970 as a precision engineering service provider. Today, it is recognized as one of the world’s leading precision engineering company offering end-to-end solutions that encompass design, prototyping, tool and die and mold making, precision metal stamping, plastic and rubber molding, machining, welding and finishing, as well as electromechanical and mechanical product assembly and testing.

Amtek has developed core capabilities and know-how in the areas of progressive precision metal stamping, progressive precision cold forging, precision machining, laser welding and bonding, as well as plastics and rubber molding, providing automotive components, casing and enclosures for enterprise servers and networking equipment, electrical and electronics products for the power and energy sectors, consumer electronic products, imaging and printing products, as well as other life science and industrial equipment industries.

Headquartered in Singapore, the group has manufacturing facilities in Malaysia, Indonesia, Thailand, Vietnam, China, France and Czech Republic, and its own in-house tool and mold making capabilities.

Amtek is a strategic partner of choice for companies requiring complex supply chain and precision engineering solutions globally. It is committed to enhancing and developing its core capabilities through investments in technologies and its people to maintain its leading edge and relevance to meet the evolving needs of electromechanical outsourcing.

More information about Amtek can be obtained at

About Interplex Industries, Inc.

Founded in 1958, Interplex Industries, Inc. is headquartered in College Point, New York. The company continues to expand its technology and capabilities in the areas of product design and application development services, metal etching, prototyping, tool design and build, precision metal stamping, die casting, precision machining, plating and finishing, insert and injection molding, assembly and full-scale automation services around the world. Interplex currently provides its services to the communications, electronics, industrial, medical and automotive markets and has facilities in the U.S., Mexico, China, Singapore, India, Malaysia, Korea, Scotland, France, Germany and Hungary.

About Rippledot Capital

Rippledot Capital is a Singapore-based boutique corporate advisory firm formed in early 2011 by Koh Boon Hwee and Atin Kukreja. Rippledot Capital currently has nine experienced professionals based in Singapore and focused on regional coverage of clients across Southeast Asia, Hong Kong, Australia and New Zealand.

Rippledot Capital’s overarching principle as a firm is centered on its commitment to providing independent, objective, and customized mergers and acquisitions advice to its clients. Unlike other traditional investment banks, Rippledot Capital’s only product is the provision of financial and strategic advice. Rippledot Capital does not rely on winning mandates through the deployment of balance sheet funds. Rippledot Capital’s employees have established a strong reputation — particularly among private equity sponsors in Singapore — for Rippledot Capital’s ability to provide high-quality advisory and execution capabilities for large and complex transactions, as well as Rippledot Capital’s high success rate in terms of completed deals. More information about Rippledot Capital can be obtained at

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