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.