Dan’s Biz Bookshelf: ‘Innovation X: Why a Company’s Toughest Problems Are Its Greatest Advantage’
Happy’s Tech Talk #36: The LEGO Principle of Optical Assembly
Fein-Lines: CES 2025—Highlighting the Future With Sony and NVIDIA
NCAB Group Acquires Bare Board Consultants in Italy
November 24, 2022 | NCABEstimated reading time: 1 minute
NCAB Group has signed an agreement to acquire 100 per cent of the shares in Bare Board Consultants Srl based in Codogno south of Milano in Italy. The transaction is estimated to close in January 2023.
Bare Board Consultants, founded in 1990, serves customers in Italy and expects to reach net sales of about SEK 90 million in 2022 with an estimated EBITA of SEK 9 million. The company provides customers with PCB-solutions in the HMLV (High-Mix-Low-Volume) segment, mainly in the industrial and medical sectors. Their suppliers are located in China.
Anders Forsén, CFO of NCAB: “Bare Board Consultants is a well-known trader of high-quality PCBs and complements our Italian business very well. It is an important component of NCAB’s strategy to actively participate in the consolidation of the market. Bare Board Consultants will be integrated with NCAB Group Italy.”
Luigi Faliva, former owner and Chairman of Bare Board Consultants: “We are happy to be joining forces with NCAB Group. Bare Board Consultants is a customer oriented organization with a strong focus on quality, reliability and service. Becoming part of NCAB Group will give our customers access to the best technology and their extensive factory base in Asia and Europe, as well as increased resources and competence worldwide.”
The company’s employees will relocate to NCABs existing office in the area. The acquisition of Bare Board Consultants will be accretive to earnings per share in NCAB Group in 2023. Synergies are expected in the following areas: suppliers, payment terms and factory management as well as in logistics.
Share on:
Suggested Items
TSK Schill GmbH Closes 2024 With a Record Turnover
01/14/2025 | TSK Schill GmbHAt TSK, the course continues to be set for growth. Despite the turbulent market development, we were able to increase our turnover “EBIT”. We generated a large proportion of our turnover with Solution Business.
IKT Electronics Chooses TRI's X-ray Technology
01/13/2025 | TRIIKT Electronics, a leader in innovative electronics manufacturing, proudly announces the expansion of its production capabilities with the integration of Test Research, Inc.'s (TRI) cutting-edge X-ray inspection system, the TR7600F3D SII.
Intelsat, GCI Expand Alaska Partnership with Multi-Orbit Satellite Services
01/10/2025 | BUSINESS WIREIntelsat, operator of one of the world’s largest integrated satellite and terrestrial networks, signed an expanded satellite services agreement with GCI, Alaska’s largest telecommunications company, that will soon deliver multi-orbit broadband services throughout the largest state in the U.S.
Advantest Forms Strategic Partnerships with FormFactor and Technoprobe
01/09/2025 | AdvantestLeading semiconductor test equipment supplier Advantest Corporation announced that it has entered into small minority investments and partnership agreements with both Technoprobe SpA and FormFactor, Inc.
FTG Aerospace Tianjin Approved as an AMO by CAAC
01/08/2025 | Globe NewswireFiran Technology Group Corporation, a leading provider of electronic products and avionic sub-systems for the aerospace and defense markets, has received approval from Civil Aviation Administration of China to be an Approved Maintenance Organization (AMO).