Announced
Completed
Financials
Tags
Friendly
Completed
Acquisition
Single Bidder
Cross Border
Portugal
electronics company
Majority
Electrical Components
Private
Synopsis
ICAPE Group, a global technology distributor of printed circuit boards, completed the acquisition of LUSODABEL, a supplier of PCB solutions in Portugal and Spain. "With LUSODABEL, ICAPE Group actively pursues its external growth strategy focused on the generation of purchasing and commercial synergies by targeting profitable players, locally recognized and with a strong customer portfolio. For ICAPE Group, the Iberian Peninsula represents a key market, invested from 2019 following the opening of a subsidiary in Barcelona. With the support and experience of LUSODABEL, which becomes the 30th subsidiary of our group, we strengthen our value proposition in this market while ensuring increased proximity with our Spanish and Portuguese customers," Cyril Calvignac, ICAPE Group CEO.
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