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Electronics Production | July 03, 2006

Nordic EMS merger

Today a major Nordic EMS merger has been announced. It is the North based Swedish EMS provider Lövånger Elektronik AB (LEAB) that has acquired the industry rival Elektronikprodukter i Järlåsa AB from the owners Anders Florin and Anna-Karin Florin for an undisclosed amount.

LEAB has part from this acquisition also a partnership with the EMS provider June Elektronik in Jönköping, Sweden and also a low cost manufacturing site in Tallinn Estonia. Elektronikprodukter i Järlåsa AB, situated in the midlands of Sweden, 20 km outside of Uppsala, will even in the future be managed by the company´s CEO Anders Florin. LEAB will after the acquisition have a turnover of about €29 million this year.
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October 11 2019 3:09 pm V14.5.0-2