Electronics Manufacturing Services (EMS) provider Incap Corporation has signed an agreement to acquire 100 per cent ownership of U.K. based AWS Electronics Group, its own EMS provider, specialising in high complexity services, with production facilities in the U.K. and Slovakia. Through the acquisition, Incap looks to improve its service and product offering, extend its business into the U.K and Central-Europe, and further strengthen its position in geographical areas such as USA and South-East Asia. AWS’ production facilities will prove optimal in establishing commercial prospects in these areas.
Otto Pukk, president & CEO of Incap Corporation, said: “This acquisition will enable us to serve our customers even better. I am happy to welcome AWS Electronics team onboard to take the next steps on our growth path. AWS has been growing for many years and we see a strong fit with Incap. With this long-term, strategic acquisition, we will strengthen our market position and balance our customer base. We are excited to widen our geographic presence and gain a foothold in the U.K. and Central European markets.”
Paul Deehan, former CEO of AWS Electronics Group who, with Adrian Keane, will oversee the transition period, added: “I am pleased to see AWS Group step onboard with Incap. The combined companies create a very strong player in the electronics manufacturing services market that will allow us to serve our customers in the best possible way. There are also a number of key synergy benefits that mean we will be able to offer our customers a broader and more complete service portfolio.”
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