SAN JOSE – Sanmina reported fiscal second quarter revenue of $1.6 billion, down 25.2% year-over-year and 13.6% sequentially.

STOCKHOLM — NCAB Group has raised SEK 287 million (US$28.7 million) in a directed issue of 1.85 million shares to Swedish and international institutional investors. The printed circuit board distributor intends to use the proceeds to increase its financial flexibility, including for potential acquisitions.

PETACH-TIKVA, ISRAEL – Eltek reported fourth quarter revenue of $8.6 million, up 10.3% year-over-year.

BROMMA, SWEDEN – NCAB Group signed an agreement today to acquire 100% of the shares in Bare Board Group for $12 million. BBG had revenue of approximately $30 million in 2019.