The ICAPE Group Expands Its Actions in the UK With the Acquisition of ALR Companies Ltd. By Investing.com

FONTENAY-AUX-ROSES, France–(BUSINESS WIRE)–Regulatory Information:

The ICAPE Group (ISIN code: FR001400A3Q3 “ Ticker: ALICA), a world know-how distributor of printed circuit boards (PCB) and custom-made electromechanical components, as we speak introduced the acquisition of 100% of the capital of ALR Companies Ltd, a British PCB distributor.

Yann DUIGOU, the ICAPE Group’s CEO, said: We’re delighted to combine ALR Companies, which supplies us a footprint within the United Kingdom (TADAWUL:), a extremely aggressive marketplace for PCB distribution gamers. As with all ICAPE Group acquisitions, we recognized robust synergies and concrete cross-selling alternatives between our two organizations, which ought to translate into elevated post-integration income. As well as, ALR Companies’ native groups serve a portfolio of 300 energetic clients, not addressed by the ICAPE Group, to whom they are going to now be capable of supply the total vary of companies supplied by our world platform.

Based in 1995, ALR Companies Ltd. is a British firm positioned as a reference companion for printed circuit board distribution. With a portfolio of 300 EMS1 and OEM2 clients within the protection and, to a lesser extent, automotive industries, ALR Companies Ltd. expects to realize income of £2.5 million in 2024, i.e. over €3 million.

Due to this acquisition, the ICAPE Group expands its enterprise in the UK, considered one of Europe’s main PCB distribution markets, whereas integrating a neighborhood construction famend for its experience and dedication to steady enchancment. On account of this merger, ALR Companies now has entry to an enriched vary of companies and to the total buying energy of the ICAPE Group.

This acquisition is financed in money and shall be consolidated within the ICAPE Group’s accounts from January 1st, 2025.

Concerning the ICAPE Group

Based in 1999, the ICAPE Group acts as a key technological knowledgeable within the PCB and technical components provide chain. With a world community of 39 subsidiaries and a serious presence in China, the place many of the world’s PCB manufacturing is finished, the Group is a one-stop-shop supplier for the services and products that are necessities for purchasers. As of December 31, 2023, the ICAPE Group recorded a consolidated income of €179.5 million.

For extra data: icape-group.com

_________
1 Digital Manufacturing Companies: digital subcontractor able to assembling digital elements and manufacturing full digital merchandise.
2 Authentic Tools Producer: finish clients able to assembling their very own digital boards in their very own factories.

View supply model on businesswire.com: https://www.businesswire.com/information/residence/20241217737164/en/