Helsinki, Finland July 29, 2014 - Pibond Oy, a speciality chemical investment vehicle, today announced its acquisition of the assets of Silecs Oy (www.Silecs.com). The company will continue to use the name "Silecs" to service its customers, without interruption to its business.

"I am pleased that the acquisition of Silecs will allow for it's state of the art products to remain an enabling factor in the continued growth of the Global Electronics industry. I am excited by the suite of new innovative products that will be released over the course of the next year, and look forward to working with our customers to further improve Silec's offering into the market." said Jonathan Glen, Chairman of Pibond Oy.

Further information:
Hannu Hiillos, Vice President of Finance, Silecs Oy,
VP of Finance
Email: hannu.hiillos@silecs.com 
Phone: +358 40 523 5383