-
- News
- Books
Featured Books
- pcb007 Magazine
Latest Issues
Current IssueThe Growing Industry
In this issue of PCB007 Magazine, we talk with leading economic experts, advocacy specialists in Washington, D.C., and PCB company leadership to get a well-rounded picture of what’s happening in the industry today. Don’t miss it.
The Sustainability Issue
Sustainability is one of the most widely used terms in business today, especially for electronics and manufacturing but what does it mean to you? We explore the environmental, business, and economic impacts.
The Fabricator’s Guide to IPC APEX EXPO
This issue previews many of the important events taking place at this year's show and highlights some changes and opportunities. So, buckle up. We are counting down to IPC APEX EXPO 2024.
- Articles
- Columns
Search Console
- Links
- Events
||| MENU - pcb007 Magazine
NCAB Group Acquires db electronic in Germany
May 4, 2023 | NCABEstimated reading time: 1 minute
NCAB Group has acquired the German db electronic, based in Waldshut-Tiengen in southern Germany, the db electronic AG in Switzerland and the db electronic SAS in France. The three companies will be consolidated into NCAB Group.
db electronic is primarily focused on so-called Quick turnarounds, smaller series with short delivery times, which complements NCAB’s portfolio in Europe well. Their main purchases of PCBs are made from factories in South Korea.
The majority, about 85% of db electronic’ sales, comes from Germany. Switzerland and France account for approximately 15% and 5% of sales, respectively. The company has about 20 employees. Sales in 2022 amounted to EUR 11 million (SEK 125 million) with an EBITA margin of approximately 15%.
The acquisition is expected to be Earnings accretive for the NCAB Group in 2023. Synergy effects are expected to arise in the areas of suppliers, payment terms and logistics.
Benjamin Klingenberg, VP of NCAB’s Segment Europe:
“db electronic complements our European operations well and will provide cross-selling opportunities. Being able to provide our customers with fast deliveries of small series is particularly valuable when it comes to product development and prototypes. db electronic will therefore also be able to provide NCAB’s customers with new opportunities. Gaining access to new factory partners in South Korea is also very attractive to us and our customers.”
Daniel Böck, CEO of the db electronic group:
“I am very pleased to have come across this ideal symbiosis with NCAB when realigning the strategy of db electronic. We both live by high values ??and offer successful and comprehensive customer service. Employees are challenged and encouraged. With this coming together, the strong strengthen each other. We look forward to the future!”
Anders Forsén, CFO of NCAB:
“It is gratifying to see that we continue our rapid growth journey in Germany, Europe’s largest PCB market. With db electronic’ customer offering, we also expect increased opportunities for organic growth within the European and Nordic segments.”
Suggested Items
LQDX Divests Aluminum Soldering Business - Mina™ - to Taiyo America Inc.
05/02/2024 | PRNewswireLQDX, formerly known as Averatek Corp., developer of high-performance materials for advanced semiconductor manufacturing, today announced that it has divested its aluminum soldering business – known as MinaTM – to Taiyo America Inc., a global market leader in advanced electronic materials.
TTM Technologies Reports First Quarter 2024 Results
05/02/2024 | TTM TechnologiesTTM Technologies, Inc., a leading global manufacturer of technology solutions including mission systems, radio frequency components and RF microwave/microelectronic assemblies, quick-turn and technologically advanced printed circuit boards , reported results for the first quarter 2024, which ended on April 1, 2024.
GPV’s Q1 2024 Interim Financial Report Shows Strong Navigation in Uncertain Times
05/01/2024 | GPVDanish-based GPV recorded an expected drop in sales to DKK 2.3 billion for the first quarter of 2024. The decline also affected the operating profit, which was DKK 155 million compared to DKK 179 million in the same quarter last year, although the EBITDA margin was maintained. In general, demand has been softer in 2024, but GPV continues to invest for the long-term and expects the trend to turn in the second half of 2024.
North American PCB Industry Sales Down 23.8% in March
04/29/2024 | IPCIPC announced the March 2024 findings from its North American Printed Circuit Board (PCB) Statistical Program. The book-to-bill ratio stands at 1.13.
North American EMS Industry Down 4% in March
04/29/2024 | IPCIPC announced the March 2024 findings from its North American Electronics Manufacturing Services (EMS) Statistical Program. The book-to-bill ratio stands at 1.31.