Rebound Electronics expands operations in Germany and Austria

Leading independent supplier of electronic components, Rebound Technology Group Holdings Ltd (RTGHL), announced an agreement under which it has acquired the open order book, stock, fixed assets and goodwill of German based PACvision AG for an undisclosed sum.

The announcement follows a quick process from which the agreement was reached to take on existing operations, staff and all of PACvisions existing European offices which will trade as the newly formed PACvision GmbH. The acquisition confirms that Rebound is on course with its plans to build increased and localised expertise and service portfolios targeted to provide real added value to its growing customer base. PACvision GmbH will trade as an independent entity and operate from its four locations in Mönchengladback, Ottobrunn/Munich, Ludwigsburg and Salzburg.

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