Integrated Micro-Electronics Inc. (IMI) has completed the sale of its Czech subsidiary to China-based Keboda Technology Co. Ltd. for €10.03 million, marking a strategic move to streamline its global manufacturing operations.
The deal, executed through IMI’s subsidiary Coöperatief IMI Europe U.A., involved the full divestment of Integrated Micro-Electronics Czech Republic s.r.o. to Keboda Deutschland GmbH & Co. KG, a Keboda subsidiary.
The transaction was officially closed on Thursday, July 31, 2025, following the fulfillment of all regulatory and closing conditions.
Keboda, a publicly listed firm in China, is a system solutions provider specializing in intelligent and energy-efficient automotive electronics.
IMI said the divestment aligns with its ongoing efforts to boost operational efficiency and profitability.
Customers previously served by the Czech site have been transitioned to its facilities in Bulgaria and Serbia.
The final purchase price is subject to post-closing adjustments, the company said. / KOC