LIRESERBRUCKE, AUSTRIA -- NCAB Group has acquired the former printed circuit board unit of EPI Components Trade, along with its employees and customers.
The prior owner, Christian Brugger, will stay on and grow the business, NCAB said. The unit's annual revenues are roughly SEK 35 million ($3.34 million), mainly from industrial customers, and a profitability in line with NCAB´s.
The unit has four employees including Brugger. Sourcing comes mainly from Slovenia. Synergies are expected in the areas of suppliers, payment terms and logistics.
In a press release, Benjamin Klingenberg, vice president, NCAB Europe, said, “I am very excited about this acquisition in the important Austrian market. In the past, Austria was served from the German NCAB operation and with this move we get boots on the ground with an organization and management to fully focus on our customers there. With Christian and his team, we will win a lot of PCB know-how and customer relationships.”
Added Brugger “I am pleased to become part of the NCAB Group with our employees, who have more than 20 years of experience in PCB sales in Austria. With the entire NCAB portfolio, we can offer our customers a wider range of service which will give us new business opportunities and make us able to expand our customer relations.”