Sanmina Corporation
Sanmina Announces Acquisition of ZT Systems' Manufacturing Business
Summary
On May 18, 2025, Sanmina Corporation entered into an Equity Purchase Agreement to acquire the data center infrastructure manufacturing business of ZT Systems from AMD for up to $3 billion, including $2.25 billion in cash, $300 million premium, and $450 million in contingent consideration. The acquisition is expected to close by the end of 2025, subject to regulatory approvals and customary closing conditions. Sanmina also secured a $2.5 billion bridge commitment from Bank of America to fund the acquisition. The transaction is expected to be accretive to Sanmina's non-GAAP EPS in the first year post-close.
Profitelligence Alerts
Get alerts for SANM
Be first to know when Sanmina Corporation files with the SEC.
Filing Categories
Exhibits (4)
Advertisement
About Sanmina Corporation
Sanmina Corporation is a leading provider of integrated manufacturing solutions, specializing in the design, manufacturing, and repair of complex electronics components and systems. The company serves several key industries, including communications networks, cloud solutions, computing and storage, defense and aerospace, industrial, medical, automotive, and clean technology. With expertise in advanced interconnect systems and enclosures, Sanmina offers its clients end-to-end supply chain solutions that enhance efficiency and speed-to-market. Known for its engineering excellence and global capabilities, the corporation operates manufacturing facilities across the Americas, Europe, and Asia, enabling it to support a diverse, multinational customer base. Sanmina's strategic focus on high-complexity, mission-critical products ensures its prominent role in the sectors it serves, driving innovation and quality across its service offerings. Positioned as a pivotal player in optimizing operational efficiencies, Sanmina plays an essential role in the infrastructure behind modern technological and industrial requirements, emphasizing its importance in the global market landscape.
Official SEC Documents
Advertisement