10 Feb 2020
Incap Corporation (ICP:HEL) acquired 100% ownership of AWS Electronics Group, an electronic manufacturing services (EMS) provider specializing in high complexity services with production facilities in the UK and Slovakia.
Incap Corporation is an international contract manufacturer with factories in Estonia and India, and a sourcing team in Hong Kong. Its headquarters are located in Finland, and it has been publicly listed at the NASDAQ Helsinki since 1997. AWS Electronics Group is a UK-based company that focuses on high complexity EMS services for the entire electronic product life-cycle, including design, manufacturing, and repair. Servicing industrial controls for the medical, automotive, aerospace, and scientific instrumentation industries among others, the company has revenues of GBP 35 million and more than 400 employees in the UK and Slovakia.
Otto Pukk, president and CEO of Incap Group, stated: “We are happy and thankful for the whole team that worked together with us in this transaction. The integrated Clairfield advisory team from Finland and the UK was able to provide solutions that were central in the deal making.”
Clairfield International acted as exclusive financial advisor to InCap Oyj.
Deal team: Ari Leppänen, Chris Gregory, Peter Bull, Timo Brandstack, Nicklas Sivula.
Read more here: Deal of the month InCap