{"id":473400,"date":"2021-04-08T04:33:22","date_gmt":"2021-04-08T08:33:22","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=473400"},"modified":"2021-04-08T04:33:22","modified_gmt":"2021-04-08T08:33:22","slug":"vtech-completes-acquisition-of-mexican-manufacturing-facility-from-qsc-llc","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/vtech-completes-acquisition-of-mexican-manufacturing-facility-from-qsc-llc\/","title":{"rendered":"VTech Completes Acquisition of Mexican Manufacturing Facility from QSC, LLC"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">HONG KONG<\/span>, <span class=\"xn-chron\">April 8, 2021<\/span> \/PRNewswire\/ &#8212;<b>\u00a0VTech Holdings Limited (HKSE: 303)<\/b>\u00a0announced today that it has completed the acquisition of a production facility in <span class=\"xn-location\">Tecate, Mexico<\/span> from QSC, LLC for manufacturing wood enclosure loudspeakers.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/600810\/VTech_Logo.html\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/600810\/VTech_Logo.jpg\" title=\"VTech logo (PRNewsfoto\/VTech)\" alt=\"VTech logo (PRNewsfoto\/VTech)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>The acquisition was announced on <span class=\"xn-chron\">20 January 2021<\/span>. In addition to manufacturing wood enclosure loudspeakers, it strengthens VTech Contract Manufacturing Services&#8217; leading position as a manufacturer of professional audio equipment. Furthermore, the acquisition of a manufacturing site outside <span class=\"xn-location\">Asia<\/span> expands VTech&#8217;s global footprint strategically and better serves the needs of its customers.\u00a0\u00a0 <\/p>\n<p>The transaction was completed on <span class=\"xn-chron\">1 April 2021<\/span> and was funded through internal resources.<\/p>\n<p>\n        <b>About VTech<\/b>\n      <\/p>\n<p>VTech is the global leader in electronic learning products from infancy through toddler and preschool and the largest manufacturer of residential phones in the US. It also provides highly sought-after contract manufacturing services. Since its establishment in 1976, VTech has been a pioneer in the electronic learning toy category. With advanced educational expertise and cutting-edge innovation, VTech products provide fun and learning to children around the world. Leveraging decades of success in cordless telephony, VTech&#8217;s diverse collection of telecommunication products elevates both home and business users&#8217; experience through the latest in technology and design. As one of the world&#8217;s leading electronic manufacturing service providers, VTech offers world-class, full turnkey services to customers in a number of product categories. The Group&#8217;s mission is to design, manufacture and supply innovative and high quality products in a manner that minimises any impact on the environment, while creating sustainable value for its stakeholders and the community. For more information, please visit <a target=\"_blank\" href=\"https:\/\/www.vtech.com\/\" rel=\"nofollow noopener noreferrer\">www.vtech.com<\/a>.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder2\"><\/div>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=HK34823&amp;sd=2021-04-08\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/vtech-completes-acquisition-of-mexican-manufacturing-facility-from-qsc-llc-301263978.html\">http:\/\/www.prnewswire.com\/news-releases\/vtech-completes-acquisition-of-mexican-manufacturing-facility-from-qsc-llc-301263978.html<\/a><\/p>\n<p>SOURCE  VTech<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=HK34823&amp;Transmission_Id=202104080430PR_NEWS_USPR_____HK34823&amp;DateId=20210408\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire HONG KONG, April 8, 2021 \/PRNewswire\/ &#8212;\u00a0VTech Holdings Limited (HKSE: 303)\u00a0announced today that it has completed the acquisition of a production facility in Tecate, Mexico from QSC, LLC for manufacturing wood enclosure loudspeakers. The acquisition was announced on 20 January 2021. In addition to manufacturing wood enclosure loudspeakers, it strengthens VTech Contract Manufacturing Services&#8217; leading position as a manufacturer of professional audio equipment. Furthermore, the acquisition of a manufacturing site outside Asia expands VTech&#8217;s global footprint strategically and better serves the needs of its customers.\u00a0\u00a0 The transaction was completed on 1 April 2021 and was funded through internal resources. About VTech VTech is the global leader in electronic learning products from infancy through toddler and preschool and the &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/vtech-completes-acquisition-of-mexican-manufacturing-facility-from-qsc-llc\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;VTech Completes Acquisition of Mexican Manufacturing Facility from QSC, LLC&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-473400","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>VTech Completes Acquisition of Mexican Manufacturing Facility from QSC, LLC - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/vtech-completes-acquisition-of-mexican-manufacturing-facility-from-qsc-llc\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"VTech Completes Acquisition of Mexican Manufacturing Facility from QSC, LLC - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire HONG KONG, April 8, 2021 \/PRNewswire\/ &#8212;\u00a0VTech Holdings Limited (HKSE: 303)\u00a0announced today that it has completed the acquisition of a production facility in Tecate, Mexico from QSC, LLC for manufacturing wood enclosure loudspeakers. The acquisition was announced on 20 January 2021. In addition to manufacturing wood enclosure loudspeakers, it strengthens VTech Contract Manufacturing Services&#8217; leading position as a manufacturer of professional audio equipment. Furthermore, the acquisition of a manufacturing site outside Asia expands VTech&#8217;s global footprint strategically and better serves the needs of its customers.\u00a0\u00a0 The transaction was completed on 1 April 2021 and was funded through internal resources. About VTech VTech is the global leader in electronic learning products from infancy through toddler and preschool and the &hellip; Continue reading &quot;VTech Completes Acquisition of Mexican Manufacturing Facility from QSC, LLC&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/vtech-completes-acquisition-of-mexican-manufacturing-facility-from-qsc-llc\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-04-08T08:33:22+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mma.prnewswire.com\/media\/600810\/VTech_Logo.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/vtech-completes-acquisition-of-mexican-manufacturing-facility-from-qsc-llc\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/vtech-completes-acquisition-of-mexican-manufacturing-facility-from-qsc-llc\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"VTech Completes Acquisition of Mexican Manufacturing Facility from QSC, LLC\",\"datePublished\":\"2021-04-08T08:33:22+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/vtech-completes-acquisition-of-mexican-manufacturing-facility-from-qsc-llc\\\/\"},\"wordCount\":282,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/vtech-completes-acquisition-of-mexican-manufacturing-facility-from-qsc-llc\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mma.prnewswire.com\\\/media\\\/600810\\\/VTech_Logo.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/vtech-completes-acquisition-of-mexican-manufacturing-facility-from-qsc-llc\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/vtech-completes-acquisition-of-mexican-manufacturing-facility-from-qsc-llc\\\/\",\"name\":\"VTech Completes Acquisition of Mexican Manufacturing Facility from QSC, LLC - 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The acquisition was announced on 20 January 2021. In addition to manufacturing wood enclosure loudspeakers, it strengthens VTech Contract Manufacturing Services&#8217; leading position as a manufacturer of professional audio equipment. Furthermore, the acquisition of a manufacturing site outside Asia expands VTech&#8217;s global footprint strategically and better serves the needs of its customers.\u00a0\u00a0 The transaction was completed on 1 April 2021 and was funded through internal resources. 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