Icape: acquisition of a minority stake in Jiva Materials
(CercleFinance.com) - The ICAPE group today announced the acquisition of a minority stake in Jiva Materials.
Based in the UK, Jiva Materials has developed Soluboard, a material billed as 'revolutionary' for printed circuit boards, designed to dissolve in water at end-of-life.
This innovation paves the way for easier recycling and significantly reduces the environmental impact of electronic products.
Building on their shared commitment to sustainable electronics, Jiva and ICAPE Group have agreed that ICAPE Group's PCB plant in Malmö, Sweden, with its excellent manufacturing facilities, will be one of the main centers in Europe for the development of Soluboard PCBs in the future.
"This collaboration will not only reinforce our sustainable development strategy, but also consolidate our leadership in environmentally-friendly technology", commented Yann Duigou, Managing Director of the ICAPE Group.
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