NCAB has signed an agreement with Capinor Holding AS for the acquisition of 100% of the shares of Capinor AB. This means that NCAB take over the operation of Capinor AB.

NCAB is one of Europe's largest PCB supplier, and we see this as an opportunity to further strengthen our position in the Swedish market. The prerequisites for the success of this are already a highly developed service organization in Sweden and a skilled quality and logistics operation in China. Our large production volume and closeness to both customer and factory enables us to offer our customers the best option.

"Based on current circumstances, we have found the best solution for our customers. We would not ourselves be able to maintain a sufficiently high level of service to our customers in Sweden and therefore chose to sell our Swedish operation to NCAB, who is a competent and responsible supplier of printed circuit boards in Europe. We are convinced that NCAB will be able to drive business forward in a way that will satisfy our customers in Sweden, "says Atle Jensen, Managing Director, Capinor AS.
"Our faith and hope is that our existing customers and the customers we do not have such a deep collaboration with today appreciate our products and feel safe and a strong added value in NCABs way of working," stresses Martin Magnusson, Managing Director, NCAB Sweden.
During a transition period Capinor AS will assist with the transfer of the business. NCAB will go out with clear information to the customers of both NCAB and Capinor AB. For questions or concerns please contact Martin Magnusson at NCAB Sweden.

The selling of Capinor AB does not have an impact on Capinors activities in Norway or in China.