EPP Europe P2.2022
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MK Versuchsanlagen<br />
PCB maker acquires Danish PCB solutions provider<br />
Icape Group acquires Møn Print<br />
Global technology distributor of printed circuit boards, Icape<br />
Group, has acquired Møn Print, a major supplier of PCB solutions<br />
in Denmark. The company, which has been active in the<br />
industry for over 50 years, will be known as Icape Denmark.<br />
According to a press release, the purchase price was €0.7 million,<br />
although this may be subject to additional payments depending<br />
on the company‘s 2022 and 2023 results. In 2021, the<br />
Danish company generated annual net sales of DKK 9.4 million<br />
(EUR 1.27 million) and EBIT of DKK 0.7 million. The Group expects<br />
Møn Print‘s annual sales to grow by slightly more than<br />
10% and its EBIT margin to significantly improve in 2022.<br />
“We are thrilled to welcome within our Group such a renowned<br />
player in Denmark and Northern <strong>Europe</strong>, strengthening our position<br />
in this region,” Cyril Calvignac, Icape Group‘s CEO, stated in<br />
the release. “This acquisition is in line with our ambitious external<br />
growth strategy, as announced during our IPO, in order to<br />
consolidate our global leadership in the PCB distribution<br />
through now 29 subsidiaries worldwide. This strategic operation<br />
enables us to offer a close proximity to our industrial customers<br />
by joining forces with a local player, guaranteeing a high quality<br />
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Source: Icape Holding<br />
“With Icape Group, we expect to be one of the leading PCB suppliers in<br />
Denmark,” said Tina Pedersen, CEO of Møn Print<br />
of service. It is with enthusiasm that we will share our knowhow<br />
with Møn Print which will benefit from the complete range<br />
of high value-added services of [the] Group. We are confident to<br />
complete several other acquisitions by the end of the year, with<br />
the same objective of generating commercial and purchasing<br />
synergies, in line with our profitable growth objectives.”<br />
“Icape Group is a great structure with local offices in many<br />
countries, and with more than 600 employees around the world,”<br />
said Tina Perdersen, CEO of Møn Print. “Thanks to its organization,<br />
network, global strategy, and proven processes, [it] became<br />
a major player in the PCB industry. We are happy to integrate<br />
such a serious, dedicated, and successful company to look<br />
ahead with confidence for our customers. With Icape Group, we<br />
expect to be one of the leading PCB suppliers in Denmark,”<br />
Icape Denmark will continue to operate from the Møn Print facility<br />
in Stege with its current team, which will be reinforced by<br />
the Icape Group’s local sales engineers in the country.<br />
www.icape-group.com<br />
è minienvironments<br />
(PP / VA Table)<br />
è OPC UA<br />
interface<br />
è optional:<br />
Spin Coater und<br />
Quick Dump<br />
Rinse (QDR-) Sink<br />
MK Versuchsanlagen und Laborbedarf e.K.<br />
Stueckweg 10 • 35325 Muecke-Merlau<br />
Tel.: +49(0)6400 -9576030<br />
Fax: +49(0)6400 -9576031<br />
Metal-free<br />
wet workbench<br />
è highest product<br />
protection with<br />
simultaneous<br />
personal<br />
protection<br />
è each plant is<br />
adapted to<br />
the individual<br />
customer´s<br />
request<br />
info@mk-versuchsanlagen.de<br />
<strong>EPP</strong> <strong>Europe</strong> » 11 | 2022 21<br />
www.mk-versuchsanlagen.de
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