About Sanmina
Sanmina is a company based in Guadalajara (Mexico) founded in 1980 by Milan Mandaric and Jure Sola was acquired by Reliance Industries in August 2022.. The company has 37,000 employees as of September 30, 2024. Sanmina has completed 4 acquisitions, including Brecon Ridge, Brecon Ridge and Mpstor. Sanmina offers products and services including Design & Engineering Services, Manufacturing Services, and Supply Chain Management. Sanmina operates in a competitive market with competitors including Celestica, Flex, JAVAD GNSS, Lucidity Lights and Tom Barrow Company, among others.
- Headquarter Guadalajara, Mexico
- Employees 37000 as on 30 Sep, 2024
- Founders Milan Mandaric, Jure Sola
- Stage Public
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Sectors
TechnologyIndustrial Goods & Manufacturing
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Sanmina Corporation
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Annual Revenue
$7.57 B-15.3as on Sep 30, 2024
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Net Profit
$222.54 M-28.21as on Sep 30, 2024
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EBITDA
$468.14 M-19.28as on Sep 30, 2024
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Latest Funding Round
$321.95 K (USD), Grant
Jan 01, 2019
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Investors
Reliance Industries
& 1 more
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Employee Count
37000
as on Sep 30, 2024
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Investments & Acquisitions
Brecon Ridge
& 3 more
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Acquired by
Reliance Industries
(Aug 04, 2022)
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IPO & Listings of Sanmina
Sanmina is a publicly listed company on the NASDAQ with ticker symbol SANM in USA, operating in the Electronic technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Sanmina
Sanmina offers a comprehensive portfolio of products and services, including Design & Engineering Services, Manufacturing Services, and Supply Chain Management. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Provides electronic and mechanical system design for OEMs
Handles assembly and testing of electronic components
Manages vendor and inventory for efficient production
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Software Development Team
109 people
Leadership Team
48 people
Sales and Marketing
41 people
Human Resources and Administration
25 people
Senior Team
13 people
Product Management Team
10 people
Operations Team
10 people
Global Team
9 people
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Funding Insights of Sanmina
- Total Funding Total Funding
- Total Rounds 1
- Last Round Grant — $321,945
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First Round
First Round
(01 Jan 2019)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jan, 2019 | Amount | Grant - Sanmina | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Sanmina
Sanmina has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Reliance Industries and European Union. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Founded Year | Domain | Location | |
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Diversified conglomerate operating across multiple industries
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Sanmina
Sanmina has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Brecon Ridge, Brecon Ridge and Mpstor. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Hyper-converged platforms are delivered via software-defined storage solutions.
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2006 | ||||
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Design and manufacturing services for OEMs in electronics are provided.
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2001 | ||||
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Provider electronics equipments manufacturing services
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2001 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Sanmina
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Sanmina Comparisons
Competitors of Sanmina
Sanmina operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Celestica, Flex, JAVAD GNSS, Lucidity Lights and Tom Barrow Company, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
End-to-end product lifecycle solutions and services
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| domain | founded_year | HQ Location |
Designer and producer of intelligent products, automotive electronics manufacturing, and logistics services
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| domain | founded_year | HQ Location |
Designs and manufactures GNSS receivers, antennas, and software for aerospace and surveying.
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| domain | founded_year | HQ Location |
Lights are manufactured on a contract basis by Lucidity Lights.
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| domain | founded_year | HQ Location |
HVAC products are manufactured on a contract basis.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Sanmina
Frequently Asked Questions about Sanmina
When was Sanmina founded?
Sanmina was founded in 1980 and raised its 1st funding round 39 years after it was founded.
Where is Sanmina located?
Sanmina is headquartered in Guadalajara, Mexico. It is registered at Guadalajara, Jalisco, Mexico.
Who is the current CEO of Sanmina?
Bob Eulau is the current CEO of Sanmina.
How many employees does Sanmina have?
As of Sep 30, 2024, the latest employee count at Sanmina is 37,000.
What is the annual revenue of Sanmina?
Annual revenue of Sanmina is $7.57B as on Sep 30, 2024.
What does Sanmina do?
Sanmina was founded in 1980 and operates as a manufacturer of electronic components for sectors including automotive, medical, communications, defense, aerospace, and multimedia. Products such as body controllers, infotainment systems, inverters, and sensors are produced for OEMs and aftermarket needs. Operations are based in Guadalajara, Mexico, with annual revenues of 7.89 billion and net profit of 0.25 billion recorded in 2022.
Who are the top competitors of Sanmina?
Sanmina's top competitors include Flex, Celestica and Tom Barrow Company.
What products or services does Sanmina offer?
Sanmina offers Design & Engineering Services, Manufacturing Services, and Supply Chain Management.
Is Sanmina publicly traded?
Yes, Sanmina is publicly traded on NASDAQ under the ticker symbol SANM.
How many acquisitions has Sanmina made?
Sanmina has made 4 acquisitions, including Brecon Ridge, Brecon Ridge, and Mpstor.
Who are Sanmina's investors?
Sanmina has 2 investors. Key investors include Reliance Industries, and European Union.
What is Sanmina's ticker symbol?
The ticker symbol of Sanmina is SANM on NASDAQ.
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