HANNOVER, GERMANY – PCB fabricator ILFA has acquired circuit board distributer Skytech Europe for an undisclosed sum.
Skytech has annual sales of €12 million, according to ILFA, which will now offer PCBs from prototype to mass production for industrial electronics, medicine, aerospace and automotive.
"This strategically important step for ILFA comes at a time when the domestic printed circuit board industry needs to demonstrate to customers that Germany as a location for printed circuit boards/basic electronics has a bright future," ILFA said in a press release.
The acquisition was effective Nov. 1.
ILFA has invested more than €7 million in production equipment and process optimization since 2020 and plans further investment up to 2025.