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NATEL and OnCore Announce Completion of Merger Agreement

Jun 12, 2015

CHATSWORTH, CA (April 13, 2015) -  NATEL Engineering Co., Inc. and OnCore Manufacturing, LLC. have completed the recently announced merger of the companies. The new company is one of the largest privately held Electronic Manufacturing Services (EMS) companies in North America, focused on the medical, industrial, and aerospace and defense markets through its combined thirteen facilities. The company will be headquartered in Chatsworth, CA. Sudesh Arora, Chief Executive Officer and President of Natel, will become the CEO and President of the merged company. Sajjad Malik, CEO of OnCore, will join the management team as Executive Vice President.

NATEL and OnCore together offer a full suite of product realization services from conceptual product design services, microelectronic devices, to tailored manufacturing solutions for large and complex systems. With vastly expanded capabilities, a complementary manufacturing footprint, and similar market sector focus, the new organization offers unmatched excellence in electronics assembly and engineering solutions for the Industrial, Medical Device and Aerospace and Defense markets.

“We now have the ability to accelerate our customer’s time-to-market requirements due to our expanded capabilities from engineering product design to interconnect solutions to microelectronics capabilities to integrated complex box builds,” said Mr. Malik.

“We are very excited about the strategic merger of our companies. Together our combined solution offerings will allow us to fulfill more of our customers’ product commercialization and life cycle requirements differentiating us as their EMS partner of choice,” said Mr. Arora

About OnCore

OnCore Manufacturing, LLC is a leading provider of product commercialization services for low-medium volume, high-complexity products to international blue-chip aerospace and defense, industrial, and medical companies. With manufacturing facilities in Springfield and Wilmington, MA, Longmont, CO, San Marcos and Fremont, CA, Suzhou, China and Tijuana, Mexico, OnCore manages customers’ high-complexity products while providing them maximum flexibility to manage their business in a close, collaborative relationship.  More information is available at   www.oncorems.com.  OnCore is an equal opportunity employer.

About NATEL

NATEL is a major independent manufacturer of a wide variety of electronic products, providing high mix, low-to-mid volume production for its customers. As one of the largest and oldest privately held EMS companies in the U.S., NATEL is known for solving tough engineering problems that result in high-reliability, high-quality electronics for customers in the medical, aerospace and defense, and industrial markets. NATEL is favorably positioned among mid-tier EMS manufacturers to “make amazing things happen.” NATEL holds and maintains industry-specific certifications that include AS9100, ISO 13485, and ISO/TS 16949. Its MIL-PRF-38534 (DSCC) Class H and K certifications certify NATEL’s expertise in designing and manufacturing microelectronic assemblies for space and mission-critical defense programs placing it in an elite group of defense and aerospace industry manufacturers. NATEL, headquartered in Chatsworth, CA, has manufacturing locations in California, Nevada, Ohio and Mexico. To learn more, visit   www.NatelEMS.com or Twitter, @NATEL. NATEL is an equal opportunity employer.

Media Contacts:

Steve Heinzen
OnCore VP Marketing
steve.heinzen@oncorems.com
510-933-6065

Jonathan Davis
NATEL VP of Corporate Development
jdavis@natelems.com
818-734-6559

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