Mayer Krieg expands business

Tuesday, 04 September, 2001

Mayer Krieg and REC Electronics have merged and will trade under the name of Mayer Krieg. The merger creates a components and subsystems vendor valued at over $50 million. However, in the merger 10% of the workforce will lose their jobs.

Mayer Krieg will now be ranked in the top four components distributors. "There was very little competition between Mayer Krieg and REC so we are bringing the two together to provide one source covering a broad range of the industry's needs," Mayer Krieg general manager Peter Mayer said. "Both companies have different areas of expertise but combined will give the industry access to a broader range of products through a single source company."

Related News

Advantech drives innovation at ASEAN Connect 2026

The ASEAN Connect Conference brought together industry leaders to explore Edge AI, foster...

Australia sets path with National Semiconductor Roadmap

The Semiconductor Sector Service Bureau is leading the development of Australia's National...

Electronex 2026 to bring electronics innovation to Sydney

Electronex 2026 will return to Sydney's Rosehill Gardens in June, with over 100 electronics...


  • All content Copyright © 2026 Westwick-Farrow Pty Ltd