<article><a href="http://www.deltathailand.com/" target="_blank">Delta Electronics (Thailand) Plc</a>, one of the world&#8217;s leading producers of power supplies and electronic components, is negotiating to acquire world’s second largest power supply company.</article>

<a href="http://www.deltathailand.com/" target="_blank">Delta Electronics (Thailand) Plc</a>, one of the world&#8217;s leading producers of power supplies and electronic components, is negotiating to acquire world’s second largest power supply company.
This move is part of company&#8217; s strategy to accelerate its growth in the power supply business.
Delta’s director Anusorn Muttaraid said that the company had about 17 billion baht of cash, of which around three billion baht has been allocated for merging and acquisition this year.
“After paying the dividend, we will still have the cash flow of 10 billion baht, while our debt-to-equity ratio is only 0.39 times. Therefore, we are ready to invest and grow our business if we find the opportunities,” he said.
“If this acquisition is successful, it will create a significant change for us because it (the company that Delta is talking to) has branches around the world,.” he added.
However, he declined to tell the deal’s value and negotiation timeframe.
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It has recently set up the offices in Vietnam, Myanmar and Indonesia for expansion in the Southeast Asia. Following this regional expansion plan, the company aims to boost the revenue and the profit by 10 per cent from last year, when it recorded the revenue of 44.1 billion baht and the net profit of 5.96 billion baht.
The company’s net profit margin is also expected to increase from 13.5 per cent in 2014 to 14 per cent in 2015 after it decided to focus on selling hi-end products.
It has allocated a budget of one billion baht to buy new machines and do R&amp;D this year.
Delta stock quote opened at 68.75 baht per share, up 1.10 per cent from yesterday.
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Delta Electronics (Thailand) Plc, world’s leading producers of power supplies & electronic components, negotiating to acquire world’s 2nd largest power supply company.


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