Nordic EMS M&A accelerates, driven by defense

M&A activity among Nordic EMS providers accelerated in 2025, with six companies completing nine acquisitions, reflecting a clear drive for international expansion and increased exposure to high-growth segments. This trend highlights a strategic shift towards the defence and aerospace industries, as seen in key deals by Hanza, Scanfil, and Kitron, positioning these firms as global industrial partners through both large-scale capacity additions and targeted strategic moves