© Gatema PCB | January 28, 2020
Czech company acquires German PCB manufacturer
Gatema a.s. has completed the biggest acquisition in its history to date. The Czech Republic-based company has purchased Germany's Kubatronik – Leiterplatten GmbH Company, a company focused on the development and manufacturing of prototype and test boards.
Kubatronik has been in operation since 1980 and has about 75% of its production devoted to the aviation, military, medical and telecommunications segments. The company's client portfolio includes heavy hitters such as Siemens, Rohde & Schwarz, Fraunhofer, Fujitsu or Leica. Which now are ending up in Gatema's client portfolio as it has acquired a 90% stake in the company. Kubatronik has 42 employees and an annual turnover of around EUR 4 million. “We sought a partner who, like us, focuses on the speed of deliveries and the ability to realise high-quality express contracts and would also be capable of supplementing our portfolio with first-class technologies and prototype production. This is why we decided to choose Kubatronik, which has the reputation of a high-quality supplier on the German market. This means we can strengthen our position on the market in Germany and all of West Europe and we will also be able to offer Czech, Slovak and Polish customers a broader range of services and also make special technologies available,“ says Stanislav Sýkora, CEO and chairman of the Board of Directors of the Gatema, in a press release. Gatema makes no secret about the fact that it would like to be one of Europes most important players among the manufacturers of prototype PCB's in the near future. “We have made several multi-million EUR investments since we established the company in 1992 but these were always directed towards the company itself – whether this concerned construction of our headquarters in Boskovice, or innovation of our production lines. The most recent investment was made last year when we innovated our production lines, which are now technically some of the best in Europe. This acquisition is also news for us and indicates that we will also take this path in order to fulfil our common goal. And that is to play the highest European league in the PCB sector,“ Zdeněk Cápal, director of the Printed Circuits Division, in the press release. The company currently employs over 170 employees in Boskovice, Brno and Třebíč and has an annual turnover of over EUR 10 million.
Dymax Corp. expanding into North Carolina Global chemical manufacturer Dymax Corporation has pledged to create dozens of new jobs at a new production site in Gaston County, Commerce Secretary Anthony Copeland has announced.
Philips, U.S. Gov team up to combat COVID-19 The Netherlands-based Royal Philips and the U.S. Government have announced they will collaborate to produce hospital ventilators at Philips’ U.S. manufacturing locations.
Datwyler adjusts its capacity at Mobility plants Datwyler says it is doing everything possible to protect the health of its employees, combat the spread of the coronavirus, and prevent interruptions to business operations. Adding to that the company is adjusting the capacity, cost structures and capital expenditure at its Mobility business unit.
EMA Design Automation partners with Dassault Systèmes EMA Design Automation says it has entered into a partnership with Dassault Systèmes. The companies will work towards the joint mission of connecting teams across a common data model for unified product development and collaboration.
Zollner Elektronik secures Nadcap Accreditation once again Zollner Elektronik AG has once again been successful in achieving renewed accreditation in accordance with the AC7120 international audit program of the National Aerospace and Defense Contractors Accreditation Program (Nadcap).
tbp does its part to speed up delivery of respiratory equipment Since the outbreak of COVID-19 in the Netherlands, tbp electronics has accelerated the supply of crucial components to clients in the medical sector.
OJ Electronics affected by Malaysian lockdown Danish OJ Electronics, a designer and developer of electronic controls for underfloor heating and HVAC controls and power, says that it has – until now – managed to keep its production and supply chain activities up running, without any significant impact on deliveries.
Medtronic plans to make ventilators together with Foxconn Within four to six weeks, the medtech company is expecting to be producing ventilators together with the Taiwanese EMS-giant at its plant in Wisconsin.
U.S. chipmaking industry seeks to slow export rule changes Nine semi-conductor industry groups urged U.S. Commerce Secretary Wilbur Ross slow the momentum to finalizing recently proposed rules that would further limit U.S. exports of semiconductors and other technology to China.
Flex Ltd. sets goal of 30,000 ventilators a month Silicon Valley-based Flex Ltd. has started mass assembly of critically needed ventilators to meet surging demand for the machines across the United States in the wake of the coronavirus pandemic.
Elvia PCB supports the fight against COVID-19 with PCBs European PCB manufacturer, Elvia PCB Group, has been working non-stop since the beginning of the COVID-19 pandemic. The company is part of a project to manufacture thousands of ventilators by mid-May.
Neways Electronics Neunkirchen introduces short-time work Neways Electronics Neunkirchen (NEN) in Germany, is responding to the consequences of the COVID-19 outbreak and will be introducing short-time work from April 1st, 2020.
European semiconductor sales up 2.4% in February 2020 The European Semiconductor Industry Association (ESIA) says that European sales of semiconductors reached USD 3.323 billion in February 2020, an increase of 2.4% compared to the January 2020 total of USD 3.247 billion.
Hisense Gorenje extends production shutdown Hisense Gorenje says that it is extending its production shutdown at all its factories in Europe for another week.
Plexus starts production of ventilators in Scotland EMS provider Plexus is participating in the UK government’s efforts to expedite the manufacturing of ventilators in aide of the fight against COVID-19.
NCAB appoints Peter Kruk as new CEO Following the announcement late last year that Hans Ståhl planned to retire in 2020, the board of NCAB Group has now found his successor. Peter Kruk will be taking over as the new CEO of the PCB supplier.
Comtech Telecomm Corp. issues business update New York-based Comtech Telecommunications Corp. has issued a statement on the withdrawal of its business outlook for its fiscal year ending July 31, 2020, as well as an update on its proposed purchase of the Gilat Satellite Networks Ltd.
Xerox provides HP acquisition update Xerox has issued a statement regarding its earlier proposal to buy HP Inc.
As Samsung Display exits the LCD market a major reshuffle is expected According to the latest investigations by the WitsView research division of TrendForce, the oversupply of TV panels in 2019 resulted in a major price drop. As such, panel manufacturers hoped to utilise their excess capacity in 2020 through increasing their production of monitor panels, with Samsung Display (SDC) having the most extensive plans.
Swedish PCB manufacturer updates machine park PCB manufacturer MMAB’s factory in the south of Sweden recently got a new drilling area with updated machines.
Ventec races to build up regional inventories to fight COVID-19 The electronics industry is playing a major role in supporting increased requirements for critical medical devices during the current COVID-19 pandemic. And with that an increase in demand of the building blocks is to be expected.
Elmatica sees a spike in demand - responds with growth in staff Growing demand, new customers and an increase in business within knowledge intensive industries, has reinforced the need for another Country Manager in Poland, a new Technical Manager and an additional resource in the Customer Service Department.
Co-operation negotiations completed at Etteplan Etteplan initiated co-operation negotiations on March 18th 2020 due to temporary changes in customer demand caused by the COVID-19 pandemic. Now, the negotiations have come to a complete.
Indian electronics company support the fight against COVID-19 Indian engineering and technology solutions company, Cyient, says it’s received clearance for its Mysore facility to run its MedTech manufacturing lines to support the production of medical equipment critical in the fight against COVID-19Load more news