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Strategic Path
Founded in 1999, French company AsteelFlash quickly expanded on the French market, primarily through a series of profitable strategic acquisitions. The group's philosophy, directed by a growth dynamic, provided the impetus to the company to acquire and create numerous entities in Europe and North Africa.
In January of 2008, Asteel had 14 plants spread throughout France, Tunisia and the United Kingdom. In February of 2008, Asteel acquired Flash Electronics, an American electronic manufacturing services (EMS) leader founded in 1994 with plants in the USA and China. The alliance between the two companies, Asteel in France and Flash in the US, gave rise to AsteelFlash.
In less than 10 years, AsteelFlash increased its production capacity to over 1 million sq. ft. in 16 plants on four continents. The new entity forecast to exceed $650 M in annual sales in 2009. AsteelFlash is committed to developing long-term partnerships, which are strengthened as customers succeed in their respective market segment. Cooperation helps optimize operations, reduce costs and accelerate time to market, while giving our customers a competitive edge.
AsteelFlash offers specialized expertise, combining proven management methods, global-scale technical capabilities, innovative production technologies and remarkable flexibility. Expanding from the local, to continental to international stage, AsteelFlash is now a major player in the EMS sector, namely due to the expansion of its value-added chain.
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