ICAPE Group Acquires ALR Services Ltd.
December 18, 2024
The ICAPE Group has acquired 100% of ALR Services Ltd., a UK-based printed circuit board (PCB) distributor. The acquisition gives ICAPE a direct footprint in the United Kingdom, adds a portfolio of ~300 EMS and OEM customers and expected 2024 revenue of ~£2.5m; the deal was financed in cash and will be consolidated from January 1, 2025.
- Buyers
- ICAPE Group
- Targets
- ALR Services Ltd.
- Industry
- Manufacturing
- Location
- United Kingdom
- Transaction Type
- Buyout
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