Christopher Naidoo, founder and chairman of Sigma Holdings Group in Livonia, which is comprised of Sigma International, an automotive trim supplier with operations in the U.S., South Korea, India, and China, has announced he has reached a binding agreement to acquire all of Adam Electronics, an electronic manufacturing company in Madison Heights.
Adam Electronics specializes in a variety of custom box build solutions, circuit board assemblies, and engineering services.
The binding agreement, which closed on May 2, will help the companies capitalize on the increased use of electronics in automotive, consumer, and industrial electronics. In addition, the acquisition increases the company’s U.S. manufacturing presence enabling more products that are “Made in the USA,” according to Naidoo.
Launched in 2003, Sigma International states it has achieved year after year growth, is a Minority Business Enterprise (MBE) certified by the NMSDC, and has established itself as a developer and manufacturer of decorative and dynamic automotive trim.
Naidoo currently sits on the Advisory Board for Horizon Bank and is a regional board member of the YPO (Young Presidents Organization) Mid-America Chapter. He has also served locally within the Michigan Minority Supplier Development Council and is on the board of APACC (Asian Pacific American Chamber of Commerce) in Clawson.
Founded in 1984, Adam Electronics offers responsive contract manufacturing and turnkey solutions for low-volume production to meet the demands of its clients.
Combining state-of-the-art SMT lines and related equipment with skilled workers, Adam Electronics has designed, tested, and built a variety of electrical components for automotive, medical, commercial, and industrial products.
The company specializes in the design and engineering of quick-turn PCB assemblies and wire harnesses, custom box-build solutions, lab services, and low-volume prototyping — all services that can support any level of the electronics production process.
For more information, visit www.adamelectronics.com.