GPV acquired CCS Group from Patrimonium.

Denmark’s larges Electronics Manufacturing Services company GPV will acquire the Swiss-based EMS company CCS. The transaction will lift GPV’s revenue by €190m to about €350m and place the company among the largest EMS companies in Europe. Financial terms were not disclosed. “At the beginning of 2018, we announced a new and ambitious growth plan for GPV with a revenue target of DKK 2.5bn by 2022. Things have evolved faster than we had expected, and now, we have signed an agreement to acquire CCS that will both allow us to meet our strategic ambition and to create an EMS leader in electronics focused on box-build and mechatronic products.” Bo Lybæk, GPV CEO.