Acquiring Company
Scanfil
Acquired Company
ADCO Circuits
Oulu
Rochester HillsManufacturingManufacturingDescription
Scanfil has completed the acquisition of US electronics manufacturer ADCO Circuits as of December 10, 2025. This strategic move accelerates Scanfil's growth in the Americas, particularly in the Aerospace & Defense sector. The deal values ADCO at USD 24.7 million and will be financed through Scanfil's existing credit facilities. ADCO's President, Marc Damman, will retain a 20% stake in the company.
Quick answer
Scanfil is acquiring ADCO Circuits, announced December 10, 2025. Scanfil is based in Oulu, North Ostrobothnia, Finland.
- How much did Scanfil pay for ADCO Circuits?
- The deal value was not disclosed.
- What does Scanfil do?
- Scanfil Plc is Europe’s largest listed provider of electronics manufacturing services (EMS), serving global sector leaders in the customer segments of Industrial, Energy & Cleantech, and Medtech & Life Science.
- Where are Scanfil and ADCO Circuits based?
- Scanfil is based in Oulu, North Ostrobothnia, Finland. ADCO Circuits is based in Rochester Hills, Michigan, United States.
- Who are the decision-makers at Scanfil?
- Fundz holds 1 contact at Scanfil. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Other recent acquisitions in Manufacturing and Manufacturing
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- Cleanova acquires Airflotek and TES-Clean Air Systems (January 8, 2026)
- Karman Holdings acquires Seemann Composites for $220M, $220M (January 24, 2026)
- Atlantic International acquires Circle8 Group (January 23, 2026)
- Novopor acquires FAR Chemical to boost capabilities (January 23, 2026)
- Scanfil completes acquisition of MB Elettronica (January 22, 2026)
- CBL Group acquires Indonesian coconut firm TJT (January 21, 2026)
Who to call at Scanfil, and when
When Scanfil changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Scanfil raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Scanfil, from your own LinkedIn network
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Frequently asked
Who acquired ADCO Circuits?
ADCO Circuits was acquired by Scanfil, based in Oulu. The deal was reported on December 10, 2025. Scanfil Plc is Europe’s largest listed provider of electronics manufacturing services (EMS), serving global sector leaders in the customer segments of Industrial, Energy & Cleantech, and Medtech & Life Science. Scanfil is privately held and operates in Manufacturing.
When did Scanfil acquire ADCO Circuits?
Scanfil's acquisition of ADCO Circuits was reported on December 10, 2025. Scanfil has completed the acquisition of US electronics manufacturer ADCO Circuits as of December 10, 2025. This strategic move accelerates Scanfil's growth in the Americas, particularly in the Aerospace & Defense sector. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does ADCO Circuits do?
ADCO Circuits, Inc. provides electronic design and circuit board assembly services across multiple sectors, including industrial, automotive, and aerospace. It is privately held, operating in Manufacturing, and is based in Rochester Hills.
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