Mycronic acquired German ETZ

Global Technologies, a division of the Swedish company Mycronic responsible for test solutions, has finalized the acquisition of the German firm ETZ, based in Seesen (Lower Saxony). ETZ specializes in manufacturing test probes used in electrical test systems for printed circuit boards (PCB). Within Mycronic's structure, electrical testing of bare PCB boards is handled by the PCB Test business line, operating within the PCB Test Equipment segment. ETZ was already the dominant supplier of most test probes for this unit prior to the acquisition. In 2025, the company generated net revenues of nearly 4 million euros, with about 85% coming from sales to Mycronic. "Developing and producing the probes used in our machines is a strategic core competence and an asset for the PCB Test division," said Magnus Marthinsson, Senior Vice President of Global Technologies at Mycronic. "This is an excellent opportunity to take control of a strategic asset while simultaneously increasing the profitability of PCB Test," said Jochen Kleinertz, Head of the PCB Test division at Mycronic. ETZ employs 34 people, and test probe production takes place in Seesen, Lower Saxony, at the site serving as the company's main operational center. The company supplies test probes for PCB electrical testing, which are crucial for the precise quality verification of printed circuits before component assembly. Mycronic did not disclose the transaction value or details of the operational integration beyond assigning ETZ to the PCB Test line