Celestica to Buy Austrian Medical Technology Firm, Reports Small Q2 Loss

Published: Jul 26, 2010

Qmed -- In an effort to push further into the health-care sector as part of its growth and diversification strategy, Toronto-based Celestica Inc. (TSX:CLS) is buying an Austrian medical device manufacturer for an undisclosed price. The global manufacturing company, which originally focused on computers and telecom equipment, said the acquisition of Allied Panels will strengthen Celestica's health-care offering throughout Europe and North America.

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