Nordic EMS firms accelerate M&A 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 greater exposure to high-growth segments. This trend highlights a strategic shift towards defense and aerospace manufacturing, as firms like Hanza, Scanfil, and Kitron made significant purchases to boost production capacity and geographic reach, consolidating their roles as global industrial partners