NCAB Group Acquires RedBoard Circuits in the USA


Reading time ( words)

NCAB Group has signed an agreement to acquire 100% of the shares in RedBoard Circuits, LLC in the USA. RedBoard Circuits has five employees and is estimated to have a revenue of approximately US$5 million 2021. The acquisition is estimated to be accretive to NCABs earnings per share in 2021.

“We are very happy that RedBoard Circuits becomes part of NCAB Group,” said Martin Magnusson, president of NCAB Group USA. “RedBoard Circuits will contribute to NCAB Group’s objective to take on a leading position in the U.S PCB market. RedBoard Circuits brings additional value to our North American segment with increased ability to offer our customers superior quality and service as well as more volumes to our existing factories. We have the same value-driven organization and the same focus on providing our customers excellent quality and service.”

“Since the company was founded in 2009, RedBoard Circuits has served customers across the United States with high quality PCBs and excellent service. Becoming part of NCAB will give us even more leverage to support our customers,” said Peggy Harris, owner of RedBoard Circuits.

Share

Print


Suggested Items

Just Ask Happy: Is PCB Fab Returning to the U.S.?

07/27/2020 | I-Connect007 Editorial Team
We asked for you to send in your questions for Happy Holden, and you took us up on it! The questions you've posed run the gamut by covering technology, the worldwide fab market, and everything in between. Enjoy.

Joe O’Neil: Green Circuits Running Strong Under Current Social Restrictions

06/01/2020 | Nolan Johnson, PCB007
On May 28, Joe O’Neil, CEO of Green Circuits, updated Nolan Johnson on how the company continues to operate during the COVID-19 restrictions. O’Neil reflects on the rapid chain of events this past March when lockdowns were instituted in the San Francisco Bay area. After a brief but rapid shutdown, Green Circuits was back up and in production.

iNEMI’s PCB Roadmap Explained

05/01/2020 | Pete Starkey, I-Connect007
In an informative and enlightening webinar, iNEMI Project Manager Steve Payne was joined by Isola Group CTO Ed Kelley to explain, review, and discuss the details of the recently published “iNEMI 2019 Roadmap for Organic PCBs.” Pete Starkey provides an overview.



Copyright © 2021 I-Connect007. All rights reserved.