On the Record · Sanmina
Sanmina acquisitions, on the record
The businesses Sanmina bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
SIPL (sale of 50.1% of shares to RSBVL, a wholly-owned subsidiary of Reliance Industries Limited)Word for word“As a result of the transaction, RSBVL acquired shares of SIPL for approximately $216 million of cash such that RSBVL holds 50.1% of the outstanding shares of SIPL and we hold the remaining 49.9% of the outstanding shares of SIPL.” 10-K for 2023 | agreed divestiture | — | approximately $216 million |
a European subsidiary of a multinational company in the industrial end marketWord for word“Total consideration paid in this acquisition was $ 38 million of cash, of which $ 29 million was paid upon closing and $ 9 million was paid in 2023.” 10-K for 2023 | acquisition | — | — |
SIPLWord for word“In 2023, the Company entered into a joint venture transaction pursuant to which RSBVL acquired 50.1 % of the outstanding shares of SIPL, the Company’s existing Indian manufacturing entity for $ 216 million of cash.” 10-K for 2024 | agreed divestiture | In 2023 | $ 216 million |
a storage software businessWord for word“For example, during our fiscal 2018 annual goodwill impairment analysis, we fully impaired goodwill of $31 million associated with the acquisition of a storage software business we purchased in 2016.” 10-K for 2024 | acquisition | 2016 | — |
ZT Group Int’l, Inc. (ZT Systems)Word for word“On October 27, 2025 (the “Closing Date”), we completed the acquisition of ZT Systems (the “ZT Acquisition”) for an aggregate consideration of $1.6 billion consisting of $1.46 billion in cash consideration (subject to adjustment for certain working capital and other items), a number of shares of our common stock valued at $150 million and up to $450 million contingent cash consideration upon the achievement of certain financial metrics during the three-year period following the closing of ZT Systems acquisition.” 10-K for 2025 | acquisition | On October 27, 2025 | $1.6 billion |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) | Goodwill from acquisitions |
|---|---|---|
| 2016-10-01 | $58.9 million | $32.5 million |
| 2017-09-30 | $0 | $0 |
| 2018-09-29 | $0 | — |
| 2019-09-28 | $0 | — |
| 2020-10-03 | $0 | — |
| 2021-10-02 | $21.4 million | — |
| 2022-10-01 | $0 | — |
| 2023-09-30 | $0 | — |
Deal filings since 2016
- 2026-01-12 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2025-10-31 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2025-10-31 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2025-07-30 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2025-05-19 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2023-09-05 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2022-09-27 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2022-03-03 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-04-11 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-03-15 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-12-06 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-06-28 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-03-30 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-02-02 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from Sanmina’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2025-11-13. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.