Paramit has completed the deal to buy Lemarne's Malaysian based manufacturing organization - Lemtronics.

Previously on 7 October 2011, Paramit proposed an agreement with Lemarne that it would buy its Lemtronics.

Lemtronics provides quality electronic manufacturing services (EMS) and supplies them to some of the best known global brand names and manufacturers.

Paramit CEO Billoo Rataul said this acquisition gives them a vehicle to offer medical device and instrument manufacturing services to their current and future customers for the Asian and European markets.