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© Katek Electronics Production | November 25, 2022

German EMS company considering acquisitions in Scandinavia

Katek, one of the largest EMS providers in Europe, wants to increase its capital by issuing new no-par value bearer shares. The capital increase is to be used for new acquisition projects.

The company is keeping a low profile on what it's considering in its next move, but says it plans to use the proceeds for merger and acquisition activities that allow for geographic expansion.

In a press release, Katek says that its looking at M&A activities with the strategy elements of geographic expansion, especially in North America and Scandinavia, strategic outsourcing projects as well as strengthening the Solar, eMobility, TeleCare divisions.

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November 15 2022 12:19 am V20.10.16-2
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