With organic growth last year of more than 35%, the company has chosen to expand its service palette further by investing in high-pressure "overmolding".

"Overmolding of connectors is a market we already have customers, and where we expect strong growth in all our markets," says CEO says CEO Palle Gravesen Jensen.

The company says they currently are planning the creation of new facility with architects. The company is considering a single building of up to 5,000 m2, located in Vilnius, Lithuania, which would be completed in early-mid-2013.