New force in the SMT marketplace

An Alternative SMT product story

Edited by the Electronicstalk editorial team Aug 28, 2008

AlternativeSMT has joined the AdoptSMT group of companies.

AlternativeSMT has joined the AdoptSMT group of companies and will operate under the same structure, retaining independent status.

Further details of the transaction were not disclosed.

AlternativeSMT has made its name over the last decade as one of Europe's leading suppliers of refurbished second-user equipment and accessories with a wide net of correspondents.

This new force in the SMT marketplace will offer existing and new customers an unrivalled number of benefits like: representation across Europe, Asia, Middle East and North Africa with experienced sales and local support staff with more than 35 years of knowledge; service, training and installation at customers' doorsteps; access to a worldwide inventory of approximately Eur 10 million; Europe's largest stock of Siemens Siplace machines and complete production lines; unrivalled buying power due to strong financial footing; and global reach through a widespread AdoptSMT Group network with industry activities worldwide and close co-operations with world best equipment sellers.

AdoptSMT Group Founder and Managing Director Erhard Hofmann commented: "We are pleased to welcome the AlternativeSMT team to AdoptSMT Group".

"Having worked together before, we know the AlternativeSMT team very well".

"With a strong cultural match and very complimentary business models it is an ideal fit in our technology segment and it further strengthens our strategic development across Europe and the rest of the world".

"It will not only add capacity to meet increasing demands, but as importantly, they will bring critical thought and vision as we continue to serve our global client base in years to come".

AlternativeSMT's Peter Fraiman adds: "We had a number of choices - and after careful review selected AdoptSMT Group as the right choice for our both own people and clients".

"We stand committed to working with our clients using all the benefits the AdoptSMT Group will bring to us".