TTM Technologies IncTTM Technologies is acquiring two companies to expand into Europe, expected to be immediately accretive, which is positive for growth and earnings.

TTM Technologies announced plans to acquire privately-held Swiss Technology Group AG and ILFA GmbH in separate all-cash transactions, establishing its first manufacturing footprint in Europe. Swiss Technology Group, formed through the 2023 merger of GS Swiss and the Hofstetter Group, focuses on miniaturized rigid, rigid-flex, and flex printed circuit boards and microcircuit coating primarily for medical applications such as surgical robotics and implantable devices. ILFA brings 45 years of complex PCB manufacturing for aerospace and defense, industrial, and medical markets, along with CAD services and certifications in electro-optical PCBs and embedded components. The combined acquisitions are expected to close in the third quarter of 2026 and be immediately but modestly accretive, with Citi advising TTM and Piper Sandler advising Swiss Technology Group.
TTM Technologies IncTTM Technologies is acquiring two companies to expand into Europe, expected to be immediately accretive, which is positive for growth and earnings.
Citigroup Inc.
Piper Sandler Companies