Instead of competing on mass volume, SP Manufacturing, says Novo Tellus, is focused on high-mix, high-performance industrial products.
Tech-focused private equity firm Novo Tellus has taken a controlling stake in electronics manufacturer SP Manufacturing. The amount invested, and the stake that changed hands, was not disclosed.
Singapore-based SP Manufacturing was founded in 2012 and is described to be a “growing leader in producing mission-critical electronics for industrial and medical customers.”
