TARNOWSKIE GORY, POLAND -- Alba PCB Group has acquired fellow printed circuit board fabricator WM Eltar, based here outside of Krakow.
Terms were not disclosed.
WM Eltar specializes in the production of single- and double-sided PCBs, aluminium and flex PCBs. Alba produces PCBs and offers R&D and engineering in Italy and China.
“The two companies share that the advantages of the transaction lie in the synergy of corporate values that start with European production," said Alberto Bacchin, president, Alba PCB Group. "The strength of local production led by experienced professionals such as Dorota Łozowska, lies above all in the complementarity of offers and markets and makes it possible to optimally meet customers’ needs and ensure a stable and competitive presence on the local and international market.”
“This is a crucial moment in the development of WM Eltar," said Dorota Łozowska, CEO, WM Elt. "Joining Alba PCB Group will allow us to significantly expand the offer for Polish customers and support them in business development. Thanks to the state-of-the-art technology of the Italian factory and a professional service from Asia, with a well-established and structured presence in China, we will be able to offer a complete PCB portfolio and professional service. The complete product range, impeccable professional service, combined with local operational specificities will create the conditions for a unique offer in the Polish market.”