DKSH acquires CLMO Technology in Malaysia

DKSH announced today the completion of its acquisition of CLMO Technology Sdn Bhd (CLMO), a provider of ISO 17025 calibration and test laboratory services to the semiconductor, automotive, oil and gas industries, as well as academic and research institutions. Founded in 1993, CLMO is headquartered in Kuala Lumpur, Malaysia, and has approximately 50 employees. CLMO provides services to its customers and clients covering the entire value chain, including pre-sales consultation, sales and customization of equipment and accessories/spare parts, installation and commissioning, service training, equipment technical support and maintenance, calibration.

DKSH has acquired 100% of the business and its management team will join DKSH's Technology business unit. Approximately 75% of CLMO's net sales will be attributed to the Technology business line Semiconductors and Electronics, while 25% will be recorded in Scientific Solutions, supporting the two business lines that are most targeted for future growth in this business unit.

Hanno Elbraechter, Head of DKSH's Technology Business Unit, said: "We are delighted to see CLMO joining DKSH. In line with our business unit's strategy, this acquisition will develop both our Semiconductor & Electronics business line and our Scientific Solutions business line, further strengthening our position as a leading technology solutions provider in the Asia Pacific region. The complementary customer and product portfolios, the range of services offered and the joint expertise of the well-trained employees of both companies will ensure that we continue to add value for our clients and customers across the entire value chain."

Km Chua, Director of CLMO said: "The merger with DKSH, a leading technology solutions provider in the Asia Pacific region, marks the next milestone in our 30-year successful history. With DKSH's regional presence, we can expand our geographical coverage and our portfolio will support DKSH in further strengthening its strong market position in Malaysia and Vietnam, the key growth markets in Southeast Asia. This move will benefit all our business partners as well as our valuable employees. We look forward to our common future with great pleasure."