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VDL Groep Strengthens Position in Electronics with Rena AcquisitionDecember 7, 2023 | VDL Groep
Estimated reading time: 1 minute
VDL Groep has strengthened its position in the high-quality electronics market. The industrial family business with its head office in Eindhoven has acquired Rena Electronica from Zundert. Rena Electronica develops and produces electronics, among others for LED products, in different markets. As a result of this acquisition, VDL particularly sees synergy benefits with VDL TBP Electronics, the subsidiary based in Dirksland and Eindhoven, which specialises in the assembly of high-quality electronics, so-called printed circuit board assemblies (PCBAs), circuit boards with electronic components.
Room for further growth
Rena Electronica has a turnover of 12 million euros and over 50 employees. The company has invested in capacity expansion over the past years and has room for further growth. Due to lack of available capacity, VDL TBP Electronics, with over 170 employees and an annual turnover of 50 million euros, is approaching the limits of growth. The addition of Rena's craftsmanship and high-quality machines will boost VDL's production capacity in the field of high-quality electronics, thus achieving the desired capacity expansion and enabling VDL to continue providing clients with good services in this time of market growth. Developments such as electrification, geopolitical developments (strategic autonomy) and the ‘Internet of Things’ mean that market demand for high-quality electronics is expected to continue rising.
'Expand production capacity'
President & CEO of VDL Groep Willem van der Leegte: ‘Our ambition is to be a one-stop-shop industrial partner. Besides our competencies in the field of mechanics and software, with VDL TBP Electronics in our ranks, we have taken a big step forward in the field of electronics. With Rena Electronica's skilled employees and the high-quality machines, we are further expanding our production capacity, enabling us to better fulfil the increasing demands of our clients."
“By becoming part of VDL Groep we will be able to grow further in added value innovative solutions together”, says Jochem Winkelman, general manager of Rena Electronica. “This acquisition ensures long term continuity for our clients and employees.”
I just finished counting the percentage of times in which artificial intelligence/machine learning/data analytics topics appeared in the I-Connect007 news this week. What do you think the percentage is? AI has moved well beyond a technical term; heck, it has clearly also eclipsed catch-phrase status. It seems a foregone conclusion that AI applications will be inserting themselves into manufacturing just as they are appearing in our handheld devices. Speaking of handhelds, that market seems to be growing as well. This week’s five must-reads include smartphone market data, telecom infrastructure development, a new white paper on the influence of data analytics, a report on the European market, and the launch of a new podcast series on PCB 3.0, a new design methodology.
DuPont today announced that Jon Kemp, President, DuPont Electronics & Industrial, has been named Chair of the Board of Industry Leaders of SEMI, a global industry association serving the electronics design and manufacturing supply chain.
With the seemingly endless ways that electronic products are worming their way into our lives, what was once “nice to own” is increasingly considered indispensable. The capabilities of these products have been driven by relentless improvements at every level of the manufacturing chain, from individual transistors (which are approaching Angstrom levels) to systems the size of buildings supporting Bitcoin mining and increasingly distributed AI products.
HARMAN, an automotive electronics technology company and subsidiary of Samsung Electronics Co., Ltd. focused on delivering consumer experiences at automotive grade, confirms it will continue as an Official partner of Scuderia Ferrari for a second Formula One season. The on-track marketing partnership extends to technology on the road, with Ferrari becoming the first automotive OEM to adopt a number of solutions from HARMAN’s in-cabin monitoring system, HARMAN Ready Care, for its next-generation road cars.
Maggie Benson was in an expansive mood. It had been almost three years since her grandfather asked her to take over Benson Electronics. By using Lean techniques, cost modeling the assembly process, and implementing continuous improvement, the company made significant profitability improvements.