Zurich-based Swiss Technology Group specializes in small form-factor applications, primarily serving the medical sector with components for surgical robotics, hearing aids, and implantable devices. ILFA, operating out of Hannover, brings a complementary focus on complex printed circuit board solutions for the aerospace, defense, and industrial markets, alongside integrated design services for prototyping.

Chief Executive Edwin Roks stated that these acquisitions align with the company’s long-term strategy to secure a presence in Europe. By absorbing these businesses, TTM gains specialized technical expertise and established customer bases in long-cycle industries. The company did not disclose the financial terms of the separate transactions.