NCAB Group, one of the world’s largest suppliers of Printed Circuit Boards, with headquarters in Sweden, has on the 21st of February 2019 signed an agreement to acquire 100% of Multiprint A/S in Denmark. Based in the Copenhagen area, Multiprint is one of the leading PCB Suppliers in Denmark.
Multiprint had a turnover of SEK just above 60 million in 2018. The transaction will be EPS accretive to NCAB in 2019. The actual takeover is planned to take place on March 4, 2019.
“We are extremely happy to join forces with Multiprint, says Hans Ståhl, CEO of NCAB group. The combined NCAB Denmark and Multiprint will create a clear number one PCB supplier in Denmark with increased ability to offer our customers superior service. This also gives a valuable add-on to our Nordic segment and more volumes to our factories in China. We have the same business model, the same customer driven organization and perhaps most importantly, we have the same way of thinking regarding quality, the foundation of all PCB production.”
For further information, please contact:
- Anders Forsén, CFO +46 (0)8 4030 0051
- Gunilla Öhman, Head of Investor Relations, +46 (0)70 763 81 25