NCAB Group, with headquarters in Sweden, one of the world’s largest suppliers of printed circuit boards (PCBs), has of the 20th of July 2012, signed an agreement to acquire 100 percent of the shares in P. D. Circuits, Inc. Based in New Hampshire, with operations in southern China and Hong Kong, P. D. Circuits is one of the leading PCB suppliers in the USA. NCAB Group will, after the acquisition, have sales in excess of 100 million USD with 13 locations around the world and 210 employees, including 70 people located in China. The acquisition will be completed as soon as all regulatory approvals are in place, latest end of September.
“I am excited about this new chapter in the 22-year history of P. D. Circuits. Being selected by NCAB to be their U.S. team is a great compliment. It is a testament to the consistent superior performance upon which our customers have come to rely. Joining forces with NCAB combines two can-do cultures and expands our resources to support our customers. Our entire team looks forward to growing our business in North America as part of the NCAB Group,” said David Wolff, President of P. D. Circuits.
“I am extremely happy for this next major step in NCAB’s development. NCAB Group and P. D. Circuits have the same business concept and customer-driven organization and perhaps most importantly — we have the same way of thinking regarding quality, the fundament of all PCB production,” said Hans Stahl CEO at NCAB Group.
Please find more information about P. D. Circuits at www.pdcircuits.com.
Please find more information about NCAB at www.ncabgroup.com.