Note Strikes Deal to Sell Skelleftea Ops

摘要

Top 50 EMS firm Note Ab (note.eu/en) will sell its operations here to optoelectronics services provider Optronic for an undisclosed amount.rnA settlement has been reached, the company said, and some staff will be transferred to Optronic.rnNote previously had moved most of the plant's volume production, which was primarily telecom related, to plants in Estonia and China and downsized its operations in Skelleftea to 40 employees.rnIn a press release, Note CEO and president Knut Pogost said, "The deal allows us to reduce our total assets, while also helping us lift our margins somewhat in the fourth quarter."