Excelsus Holdings, Inc., announces the acquisition of Spectrum Integrated Technologies Sdn. Bhd. in Johor Bahru, Malaysia through its wholly owned Malaysia subsidiary Excelsus Technologies (M) Sdn. Bhd. for an undisclosed amount.
Excelsus was founded by Mehul J. Dave and Michael Schumacher who are principals of Linkage Technologies, Inc. Spectrum, a printed circuit board manufacturer based in Johor Bahru, Malaysia, offers a wide range of PCB manufacturing services from single-sided to complex multi-layer and burn-in boards. Spectrum was established in 2011 with the acquisition of TPT Multiflex.
The primary driver to acquire Spectrum is in response to increasing customer concerns of the reliability and resiliency of the existing PCB supply chain. Southeast Asia and Malaysia in particular offers diversity outside of China with a reliable low-cost workforce while providing solid infrastructure and access to world-class logistics with Singapore Changi Airport only 40 minutes from the Spectrum factory.