MILAN, ITALY -- Somacis has completed its acquisition of France- and Belgium-based PCB manufacturer ACB Group, expanding its European manufacturing footprint and strengthening its position in the high-reliability printed circuit board market.

Somacis has completed its acquisition of ACB Group, adding the French and Belgian printed circuit board manufacturer to its European operations after receiving the required regulatory approvals.

The transaction, first announced in February, includes ACB's production facilities at Atlantec in Malville, France; Cibel in Bellême, France; and ACB NV in Dendermonde, Belgium. Financial terms of the deal were not disclosed.

The acquisition expands Somacis' manufacturing, research and development, and customer support capabilities across Europe, complementing its existing operations in Italy, the United Kingdom and Switzerland. The company said the combined organization will be better positioned to serve customers requiring high-technology, high-reliability PCBs in demanding applications.

"It is an important milestone for Somacis," said Giovanni Tridenti, CEO of Somacis Group. "ACB's expertise complements that of Somacis and will enable us to broaden the range of solutions offered to customers worldwide."

Ronan Jeffroy, CEO of ACB Group, said the acquisition strengthens the companies' ability to meet growing demand for critical PCB technologies while reinforcing Europe's specialized manufacturing base.

• Next