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TEC is looking for possibilities to expand their business and grow. TEC is interested in acquiring Schang-wa so that they can distribute the capacitors to the US market. This would lead to a decline in turnover for LEI of 45% over the next 5 years.
Avral Electronics, S.A. (Avral) is a French electronic equipment and component parts manufacturer with manufacturing sites in Ireland, France and Asia. Avral has a broad shareholder base and managed to increase revenues from $300 to $900 million. Avral has a good financial status and explores possibilities for growth in the US.
The founder of LEI, Bernhard Lester and the owner of SWA, John Ling have a long relationship and John Ling is member of the board of directors at LEI...
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