Unimicron (unimicron.com), the world's largest printed circuit board manufacturer, has purchased the outstanding shares of Ruwel International (ruwel. com) from investor group BlueBay. Unimicron already owned 35% of Ruwel following an investment in fall 2009. At that time, BlueBay also had acquired a majority stake in Ruwel. Unimicron has 14 production facilities in Asia and employs more than 20,000 workers. The PCB maker had revenues of $2.1 billion in 2001, making it the largest in the world, slightly ahead of No. 2 Ibiden, according to Dr. Hayao Nakahara's annual NTI 100 (see pp. 40). Ruwel employs 225 workers and has annual sales of about $73 million. It is one of Europe's 10 largest PCB fabricators.
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