Knocking Down the Bone Pile: Revamp Your Components with BGA Reballing
Global Sourcing Spotlight: Balancing Speed and Flexibility Without Sacrificing Control
SMT Perspectives & Prospects: Artificial Intelligence Part 6: Data Module 1
NOTE Acquires Industrial Property in Herrljunga
April 8, 2024 | NOTEEstimated reading time: Less than a minute
In the summer of 2022, NOTE acquired its fourth electronics factory in Sweden – NOTE Herrljunga. Since then, operations in Herrljunga have developed very positively, with growth and profit development clearly exceeding the initial plans. Turnover last year amounted to SEK 249 million with an operating margin of over 10%. NOTE has now acquired the previously rented industrial property of roughly 6,400 m2 where the business is conducted. The acquisition also includes land of about 25,000 m2.
The property is tailored for electronics production and offers great opportunities for continued expansion of manufacturing. NOTE has acquired all the shares in the real estate company that owns the property. Based on a valuation of the property of approx. SEK 24 million (approx. SEK 3,800/m2), before deduction for deferred tax, the purchase price for all shares in the property company amounts to SEK 15 million. The payment has been made in cash.
“We see great opportunities to grow our production in Sweden. It is positive that, together with our strong customer base, we will now be better able to develop the business and our capacity needs at the same time as we lower our current property costs,” says Johannes Lind-Widestam, CEO and president.
Share on:
Testimonial
"In a year when every marketing dollar mattered, I chose to keep I-Connect007 in our 2025 plan. Their commitment to high-quality, insightful content aligns with Koh Young’s values and helps readers navigate a changing industry. "
Brent Fischthal - Koh YoungSuggested Items
Leveraging Chemical Data More Efficiently
07/29/2025 | Lynn L. Bergeson, Bergeson & CampbellSome truths transcend politics, one being that chemical data holds enduring value and is becoming increasingly essential. In the United States, regardless of which party federally controls the levers of power, it’s clear that chemical manufacturers and their customers must develop and curate robust data portfolios for their chemical inventories. The commercial imperatives driving this are undeniable and gaining traction.
Foxconn Joins Global Patent Alliance LOT Network to Strengthen Intellectual Property Protection
05/15/2025 | FoxconnHon Hai Technology Group , the world’s largest technology manufacturing platform service company, announced that it has officially joined the LOT Network ( License on Transfer, LOT ), a global patent licensing platform and non-profit community dedicated to protecting companies from Patent Assertion Entities (PAEs ) lawsuits.
ITRI Named a Top 100 Global Innovator for the Ninth Time
04/28/2025 | PRNewswireThe Industrial Technology Research Institute (ITRI) was officially honored at the 2025 Top 100 Global Innovators Award Ceremony hosted by Clarivate in Taipei.
Murata Selected as Clarivate Top 100 Global Innovator for 4th Year in a Row
04/11/2025 | MurataMurata Manufacturing Co., Ltd. was selected as one of the Clarivate Top 100 Global Innovators 2025 by Clarivate Plc in March 2025. This is the fourth consecutive year that Murata has received this recognition.
NOTE Signs an Agreement for a New Factory in Lund
09/16/2024 | NOTENOTE has signed an agreement with the property developer Wihlborgs to build a new factory for the operations in NOTE Lund. This will allow for the increasing demand in the coming years. The property will be rented over 15 years.