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Benchmark Electronics Acquiring EMD Technologies for $51 Million

March 28, 1996

WINONA, Minn. (AP) _ Benchmark Electronics Inc., which makes printed electronics circuit boards and provides manufacturing services to electronics makers, is acquiring EMD Technologies Inc. for $51 million.

Privately held EMD Technologies is the parent company of EMD & Associates, also a circuit-board manufacturer. EMD co-founder Dave Arnold said selling EMD to a publicly traded company was a better option than taking the company public itself.

The deal, announced Wednesday, will close by June 30.

EMD is headquartered in Goodview, Minn. Benchmark is based in Angleton, Texas.

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