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NCAB Closes Acquisition of B&B Leiterplattenservice GmbH in Germany
June 4, 2025 | NCABEstimated reading time: Less than a minute
As was communicated on April 23 NCAB has signed an agreement to acquire 100 percent of B&B Leiterplattenservice GmbH (B&B) headquartered in Mittweida, Germany. Today, the 3 of June the acquisition is closed, and the company now is part of the NCAB Group.
The company had net sales of around SEK 150 million in 2024 with 25 employees, whereof 20 in Mittweida in Germany and 5 in China. B&B:s customers are mainly within industry and power sectors in Germany, but there is also some sales to Italy. B&B was founded in 1996, and the sourcing is today mainly from China and from a partner in Europe.
The acquisition is expected to be earnings accretive for NCAB Group in 2025. Synergies are expected in the areas of suppliers, payment terms and logistics and will further strengthen NCABs position in the German market. The purchase price amounts to SEK 135 million with a possible further earnout of a maximum of SEK 28 million.
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