-
- News
- Books
Featured Books
- design007 Magazine
Latest Issues
Current IssueRules of Thumb
This month, we delve into rules of thumb—which ones work, which ones should be avoided. Rules of thumb are everywhere, but there may be hundreds of rules of thumb for PCB design. How do we separate the wheat from the chaff, so to speak?
Partial HDI
Our expert contributors provide a complete, detailed view of partial HDI this month. Most experienced PCB designers can start using this approach right away, but you need to know these tips, tricks and techniques first.
Silicon to Systems: From Soup to Nuts
This month, we asked our expert contributors to weigh in on silicon to systems—what it means to PCB designers and design engineers, EDA companies, and the rest of the PCB supply chain... from soup to nuts.
- Articles
- Columns
Search Console
- Links
- Media kit
||| MENU - design007 Magazine
The ICAPE Group Announces a Major Acquisition to Become One of the Leading Players in PCB Distribution in Japan
September 16, 2024 | BUSINESS WIREEstimated reading time: 2 minutes
The ICAPE Group, a global technology distributor of printed circuit boards (PCB) and custom-made electromechanical parts, announced the signature of a contract for the acquisition of 100% of the capital of the Japanese group NTW, specialized in the distribution of PCB in Asia, Completion of the acquisition is subject to customary suspensive conditions, and is expected to take place on September 19, 2024.
Founded in 2002, the NTW group is a Japanese supplier specialized in PCB, providing high value-added expertise based on a business model similar to that of the ICAPE Group. The group owns 7 subsidiaries located as close as possible to global PCB production centers, namely in Japan, in China and Southeast Asia. Its 40 employees serve a customer base of major Japanese accounts positioned in very diverse industries, ranging from office automation to communication and infrastructure tools. The NTW group expects to achieve in 2024 an annual revenue of over $20 million.
As a result of this new transaction, the ICAPE Group will acquire a player with proven and recognized expertise in the market, with significant potential for synergies in terms of purchasing and marketing. The Group will also strengthen its leadership across the Asian region by partnering with a local player, which has developed a portfolio of major Japanese accounts that ICAPE Group did not previously addressed. Access to the ICAPE Group’s global logistics platform will enable NTW to offer new services to its customers, expand its product range and thus increase profitable growth.
Yann DUIGOU, ICAPE Group’s CEO, stated: “The acquisition of the Japanese group NTW is significant in several ways. First of all, it ensures us a leading position in the distribution of printed circuit boards in Japan, a mature market and difficult to access for western companies due to cultural specificities. The group’s management will support us in this integration to enable us to deploy all the necessary synergies between our two organizations. This operation also gives us access to major Japanese groups that we did not address so far, while allowing us to integrate new suppliers, located in China and Southeast Asia. The completion of this operation, combined with our recent acquisitions, will enable us to achieve €45 million of additional revenue since 2023, which gives us confidence that we will achieve our external growth target by the end of 2026.”
Takashi YASUDA, NTW Group’s Founder & CEO, added: “We are very proud to join forces with the ICAPE Group today. As an international player in the distribution of printed circuit boards, the ICAPE Group provides us with a global structure that will enable us to generate important synergies between our two entities. These synergies will benefit our customers, allowing us to expand our product range and offer a wider range of services.”
This acquisition is financed in cash and will be consolidated in the ICAPE Group's accounts from the fourth quarter of 2024. Subject to the removal of the customary suspensive conditions, the transaction is expected to close on September 19, 2024.
Suggested Items
The ICAPE Group Announces the Launch of Its E-Shop at Electronica
10/31/2024 | BUSINESS WIREThe ICAPE Group, a global technology distributor of printed circuit boards (PCB) and custom-made electromechanical parts, today announced its participation at the 2024 edition of Electronica, where it will present the ICAPE Shop, its new online purchasing platform.
The ICAPE Group Reports Revenue for Q1 2024
05/16/2024 | ICAPE GroupThe ICAPE Group, a global technology distributor of printed circuit boards (PCB) and custom-made electromechanical parts, announced its revenue for the first quarter of 2024.
Checking In With ICAPE Group
04/03/2024 | Nolan Johnson, I-Connect007ICAPE Group’s field application engineer Erik Pederson drills down on sustainability, supply chain resiliency, and what value engineering really looks like in this exclusive interview. Founded in 1999, European-based ICAPE Group provides 21 million printed circuit boards and over six million technical parts to manufacturers every month. With 30 PCB manufacturing partners globally and 50 partners providing a wide array of technical parts, ICAPE Group has operations in China, Taiwan, Thailand, South Korea, Vietnam, South Africa, Europe, Mexico, and the United States. The company also focuses on the value proposition for its customers.
ICAPE Group Announces Its Full-Year Revenue for 2023
02/14/2024 | ICAPE GroupThe ICAPE Group, a global technology distributor of printed circuit boards (PCB) and custom-made electromechanical parts, announced its revenue for the 2023 financial year, ending December 31.
The ICAPE Group Acquires New Expertise and Consolidates Its Position in the Italian Peninsula
02/13/2024 | ICAPE GroupThe ICAPE Group, a global technology distributor of printed circuit boards (PCB) and custom-made electromechanical parts, today announced the acquisition of the operating assets of the Italian distributor P.C.S. and of the design company Studio E2.