SUNDBYBERG, SWEDEN -- NCAB has acquired 100% of Florida-based Board Shark LLC, expanding its US printed circuit board presence through a deal valued at up to $26 million.

 The acquisition includes an upfront purchase price of $15 million, with an additional earn-out of up to $11 million tied to Board Shark's financial performance over the next 24 months. 

Founded in 2016 by Carl and Rachelle Moehring, Board Shark specializes in PCB solutions for customers in the aerospace, industrial and medical sectors, with a particular strength in quick-turn deliveries. The company employs five people and maintains a network of regional sales representatives, giving it a strong presence in the western United States.

NCAB said the acquisition is expected to contribute positively to earnings in 2026, with anticipated synergies in supplier relationships, logistics, payment terms and cross-selling opportunities, including prototyping services.

"Board Shark's development over the past few years has been impressive," said Peter Kruk, CEO of NCAB Group. "Its business model is closely aligned with that of NCAB, and Board Shark holds a solid market position on the US west coast with promising opportunities for further growth."

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