Canadian electronics manufacturing services provider, Celestica, has completed a $360.5 million flotation of subordinate voting shares in the US and Canada. Celestica currently employs 220 people at the company's facility in Swords, Co Dublin. The issuance marks the largest initial public offering of shares by any company in the global electronics manufacturing services industry and by any technology company in Canadian history.

A total of $20.6 million common shares have been offered at a price of $17.50. The net proceeds of the offering were used to prepay debt. Celestica shares are listed on the New York, Toronto and Montreal stock exchanges under the symbol "CLS". Proceeds will be used for general corporate purposes.