Aspocomp Acquires Technopolis Facility in Finland

Reading time ( words)

Aspocomp Group Plc has acquired from Technopolis Plc the production facility, located in the Linnanmaa district, at Tutkijantie 11-13 in Oulu, Finland. Ownership and control of the buildings will be transferred from Technopolis to Aspocomp on April 1, 2018. As part of the transaction, Aspocomp will gain land lease rights to the plot. The transaction is estimated to have a positive impact on the company's operating result and cash flow starting from the second quarter.

The company's full-year guidance remains unchanged. In 2018, net sales are expected to grow approximately 10 percent and the operating result to be better than in 2017. In 2017, net sales amounted to EUR 23.0 million and the operating result to EUR 0.8 million.

About Aspocomp

A printed circuit board (PCB) is used for electrical interconnection and as a component assembly platform in electronic devices. Aspocomp provides PCB technology design, testing and logistics services over the entire lifecycle of a product. The company’s own production and extensive international partner network guarantee cost-effectiveness and reliable deliveries.

Aspocomp’s customers are companies that design and manufacture telecommunication systems and equipment, automotive and industrial electronics, and systems for testing semiconductor components for security technology. The company has customers around the world and most of its net sales are generated by exports.

Aspocomp is headquartered in Espoo and its plant is in Oulu, one of Finland’s major technology hubs.

For more information, click here.



Suggested Items

RTW IPC APEX EXPO 2019: Limata Unveils Exciting Developments in LDI

03/07/2019 | Real Time with...IPC
Lino Sousa, sales, Limata, explains to Pete Starkey the latest developments in Limata’s laser direct imaging technology, which eliminates the need to change the solder mask.

RTW IPC APEX EXPO 2019: CBT and Technica’s Relationship, Roadmap, and Equipment

02/18/2019 | Real Time with...IPC
Pete Starkey speaks with David J. Clark, CBT project director, and Najib Khan, photoimaging product manager at Technica, who explain the background of their companies and their current working relationship. Further, they address their technology roadmap, and the unique features of their direct imaging equipment—particularly the registration accuracy that can be achieved.

Top 10 Most-Viewed FLEX007 Articles in 2018

01/04/2019 | I-Connect007
Here’s a list of the top 10 most viewed FLEX007 articles in the past year.

Copyright © 2019 I-Connect007. All rights reserved.