Icape: acquisition of NTW finalized
(CercleFinance.com) - The Icape Group announces the completion of the acquisition of 100% of the capital of the Japanese group NTW, specialized in the distribution of PCBs (printed circuit boards) in Asia, a transaction announced last Monday and financed in cash.
With seven subsidiaries and 40 employees, NTW targets a clientele of major Japanese accounts positioned in highly diversified industries. By 2024, it expects to achieve annual sales in excess of $20 million.
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