Sanmina

Guadalajara, Mexico Founded: 1980 • Age: 46 yrs Listed Acquired By Reliance Industries
Manufacturer and supplier of electrical and electronic components to OEMs and aftermarket

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. 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 37,000
  • Founders Milan Mandaric, Jure Sola
  • Stage Public
  • Sectors
    Technology
    Industrial Goods & Manufacturing
  • Website category Computers Electronics and Technology · Consumer Electronics
  • Email
    ••••••••
  • Website sanmina.com
  • Social LinkedIn X Facebook
  • Acquired by Reliance Industries (Aug 2022)
  • Legal Name Sanmina Corporation
Key Metrics
  • Annual Revenue
    $8.13 B (USD)
    7.4
    as on Sep 30, 2025
  • Net Profit
    $245.89 M (USD)
    10.5
    as on Sep 30, 2025
  • EBITDA
    $514.51 M (USD)
    9.91
    as on Sep 30, 2025
  • Latest Funding Round
    $321.95K (USD), Grant

    Jan 2019

  • Investors
  • Employee Count
    37,000
  • Investments & Acquisitions
  • Acquired by

Products & Services of Sanmina

Sanmina offers a comprehensive portfolio of products and services, including Design & Engineering Services, Manufacturing Services, and Supply Chain Management.

Design & Engineering Services
Design Services

Provides electronic and mechanical system design for OEMs

Manufacturing Services
Production Services

Handles assembly and testing of electronic components

Supply Chain Management
Logistics Services

Manages vendor and inventory for efficient production

Funding Insights of Sanmina

  • Total Rounds 1
  • Last Round Grant — $321,945
  • First Round $321,945

    (Jan 2019)

  • Investors Count 1

All 1 funding rounds of Sanmina with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jan 2019$321,945Grant––
Valuation history

2 investors in total: 2 institutional.

Investors in Sanmina

Sanmina has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Reliance Industries and European Union.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
1958europa.euBrussels, Belgium
Diversified conglomerate operating across multiple industries
1958ril.comMumbai, India
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Investor details for Sanmina

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Board of directors of Sanmina

The boards of the 3 registered companies of Sanmina currently have 10 directors; the longest-serving is Giftson Das Wilson, appointed in 2022. 43 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Giftson Das Wilson
DIN 06799587
Company Secretary03 Oct 20224 yrsSanmina-Sci India Private Limited
Mathew Oommen
DIN 07176548
Director03 Oct 20224 yrsSanmina-Sci India Private Limited, Sanmina-Sci Technology India Private Limited
Periasamy Elanchelian
DIN 08152735
CEO03 Oct 20224 yrsSanmina-Sci India Private Limited, Sanmina-Sci Technology India Private Limited, Sanmina Tech Services India Private Limited
Jure Sola
DIN 09751680
Director03 Oct 20224 yrsSanmina-Sci India Private Limited, Sanmina-Sci Technology India Private Limited
Anshuman Thakur
DIN 03279460
Director03 Oct 20224 yrsSanmina-Sci India Private Limited, Sanmina-Sci Technology India Private Limited
Ritu Bhojak
DIN 10303611
Director10 Oct 20233 yrsSanmina-Sci India Private Limited, Sanmina-Sci Technology India Private Limited
Sundar Mangalore Kamath
DIN 10341751
Director10 Oct 20233 yrsSanmina-Sci India Private Limited
Vijay Gujilapudi
DIN 02054872
Director03 Dec 20241 yr 10 moSanmina Tech Services India Private Limited
Muppana Viswaprasad Bhagavan
DIN 02793587
Director03 Dec 20241 yr 10 moSanmina Tech Services India Private Limited
Brijesh Kumbra Rai
DIN 07233685
CFO17 Jan 20251 yr 8 moSanmina-Sci India Private Limited, Sanmina-Sci Technology India Private Limited

People of Sanmina

333 people are tracked at Sanmina (123 in leadership, 7 in board & advisors, 203 in team); the tracked headcount is 37,000.

NameRoleGroup
Milan Mandaric
Co-FounderLeadership
Co-FounderLeadership
Bob Eulau
CEO & PresidentLeadership
Sylvia Spill
Director, Global CompensationLeadership
Ram Prasad
Director, Global Account ManagementLeadership
Lisa O.
Head Of Human ResourcesLeadership
Sheila Mulligan Salsedo
Global Account DirectorLeadership
Dan Dawiedczyk
President, PCB DivisionLeadership
Scott Horn
Sr. Director New Business IntroductionLeadership
Kim Stapleton
Sr. Director Business Development ManagerLeadership
Randy K Rannow
Senior Director Hardware EngineeringLeadership
Seeta Dhingra-Khanna
Director Of MaterialsLeadership
Dennis Young
Executive Vice President Of SalesLeadership
Mauro D'Amato
Senior Vice President, Corporate Development - M&a, Investments, PartnershipsLeadership
George Korolog
Senior Vice President Of Corporate Training And Development.Leadership
Jon Faust
EVP & CFOLeadership
Steve Williams
Vice President/general Manager Medical Disposables And Precision PlasticsLeadership
Kumar Subramanian
Director - Supplier Management & Manufacturing SystemsLeadership
Vice President, Enterprise-wide HRISLeadership
Shawn Brown
Business Development DirectorLeadership

313 more people are available in the full profile.

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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.

  • IPO date14 Apr 1993
  • Listed onNASDAQ: SANM
  • Listed entitySanmina Corporation
  • Exchange sectorElectronic technology
  • ISINUS8010561020
  • Share price$210.48 (-4.07% on the day) · 2026-10-08
  • Market capitalisation$11.28B
  • Price to earnings37.7
  • EPS (diluted, trailing year)$5.59
  • Volume (last session)454,064

Financials of Sanmina

Figures of Sanmina-Sci India Private Limited, the primary company behind Sanmina, for FY 2026. Revenue was ₹4,463 Cr (-14% year on year). Net profit was ₹263 Cr (6% margin). EBITDA was ₹495 Cr (11% margin). Revenue has grown at a compounded annual rate of +13% over three years and +28% over five years.

  • ₹4,463 CrRevenue · FY 2026 · -14% YoY
  • ₹263 CrNet profit · 6% margin
  • ₹495 CrEBITDA · 11% margin
  • ₹196 CrPaid-up capital
  • 992Employees (provident fund records)
  • +13%Revenue CAGR, 3 years
  • +28%Revenue CAGR, 5 years
Exchange-reported annual figures
YearRevenueNet incomeEBITDA
2025$8.13B$245.9M$514.5M
2024$7.57B$222.5M$468.1M
2023$8.94B$310.0M$580.0M
2022$7.92B$240.4M$469.7M
2021$6.76B$269.0M$406.0M

Balance sheet, profit and loss, cash flow and ratios of Sanmina-Sci India Private Limited are on its company page.

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Detailed financial statements for Sanmina

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

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  • Downloads

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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.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Hyper-converged platforms are delivered via software-defined storage solutions.
mpstor.comCork, Ireland2006Oct 2016$40M
Design and manufacturing services for OEMs in electronics are provided.
breconridge.comSan Jose, United States2001Apr 2010$53M
Provider electronics equipments manufacturing services
breconrige.comSan Jose, United States2001Apr 2010$53M
Designs and manufactures server and storage solutions for data centers
newisys.comSan Jose, United States2000Jul 2003••••
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Complete acquisition details for Sanmina

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  • Exports

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Timeline of Sanmina

8 dated milestones of Sanmina across 42 years, from founding to its latest funding, stage changes and deals.

  1. Founded Sanmina is founded.
  2. IPO Lists on the stock exchange (IPO).
  3. Acquisition Acquires Newisys - A Division of Sanmina Corporation.
  4. Acquisition Acquires Brecon Ridge.
  5. Acquisition Acquires Brecon Ridge.
  6. Acquisition Acquires Mpstor.
  7. Funding First funding round of $322K.
  8. Exit Acquired by Reliance Industries.

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.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
celestica.com1994Toronto, Canada–904
End-to-end product lifecycle solutions and services
flex.com1969San Jose, United States–148,000
Designer and producer of intelligent products, automotive electronics manufacturing, and logistics services
javad.com2007San Jose, United States––
Designs and manufactures GNSS receivers, antennas, and software for aerospace and surveying.
luciditylights.com2012Boston, United States$95.28M15
Lights are manufactured on a contract basis by Lucidity Lights.
tombarrow.com1997Atlanta, United States––
HVAC products are manufactured on a contract basis.
ggec.com1996Cupertino, United States–8
Serves as a contract manufacturer specializing in electronic products.
barronltg.com1973Glendale, United States–68
Manufactures lighting products for commercial, industrial, and horticultural applications worldwide.
prospecelectronics.com1986Mount Pleasant, United States––
Contract manufacturer of electronic products
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Detailed competitors of Sanmina

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Web traffic of Sanmina

The website of Sanmina (sanmina.com) receives about 107.3K visits a month and ranks #260,788 among all websites worldwide, #2,366 in Consumer Electronics.

  • Monthly visits
    107.3K

    ▲ 1.7% vs previous month

  • Unique visitors
    26.7K

    per month

  • Global rank
    #260,788

    among all websites

  • Category rank
    #2,366

    Computers Electronics and Technology · Consumer Electronics

Similar websites

Websites whose visitors overlap most with Sanmina. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
jabil.com
100%
264.6K#175,610View details
sanmina-sci.com
sanmina-sci.com
97%
–#15,030,498–
celestica.com
95%
234.9K#167,753View details
smtc.com
77%
11.9K#1,273,828View details
prosoyo.com
prosoyo.com
74%
–––
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
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Latest news on Sanmina

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Similar companies to Sanmina

10 companies that operate in the same segment as Sanmina (Electronic Manufacturing & Components), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
3M is recognized as a global leader in industrial innovation.
1902United States–USD 24.95 B74
Diverse semiconductor manufacturers
1987Geneve, Geneve, Switzerland–USD 12.29 B49,600
Electronic products and components are manufactured globally by Foxconn.
1974Taipei, Taiwan––12,716
Provider of ODM plus solutions for diverse industries
1990Kochi, Kerala, IndiaUSD 119.5 MUSD 253.11 M2,400
Integrated electronics manufacturing and IoT solutions are delivered across industries.
2008Mysuru, Karnataka, IndiaUSD 22.44 MUSD 386.47 M3,850
Manufacturer of diodes, rectifiers, semiconductors, and passive components
1962Guildford, United Kingdom–USD 3.07 B22,700
Communication equipment manufacturer
1938Lisle, Illinois, United States–––
Electronic components and embedded technologies are distributed globally.
1921Phoenix, Arizona, United States–USD 27.63 B14,870
Electronics manufacturing services are provided for consumer and home products.
1993Noida, Uttar Pradesh, IndiaUSD 9.32 MUSD 5.17 B8,890
Mobile device management solutions are delivered to enterprises securely.
2003Atlanta, Georgia, United StatesUSD 225 MUSD 11.12 M356
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Frequently Asked Questions about Sanmina

Sanmina was founded in 1980 and raised its 1st funding round 39 years after it was founded.

Sanmina is headquartered in Guadalajara, Mexico. It is registered at Guadalajara, Jalisco, Mexico.

Bob Eulau is the current CEO of Sanmina.

Sanmina has 37,000 employees.

Annual revenue of Sanmina is $8.13B as on Sep 30, 2025.

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.

Sanmina's top competitors include Flex, Celestica and Tom Barrow Company.

Sanmina offers Design & Engineering Services, Manufacturing Services, and Supply Chain Management.

Yes, Sanmina is publicly traded on NASDAQ under the ticker symbol SANM.

Sanmina has made 4 acquisitions, including Brecon Ridge, Brecon Ridge, and Mpstor.

Sanmina has 2 investors. Key investors include Reliance Industries, and European Union.

Sanmina is associated with 3 legal entities: Sanmina-Sci India Private Limited, Sanmina-Sci Technology India Private Limited, Sanmina Tech Services India Private Limited.

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