Connect Group is adding to its team. The Kampenhout-based EMS specialist announced that it has entered into an agreement to acquire the electronic circuits design and manufacturing expert IKOR, active in Spain, Mexico and China. The addition will enable Connect to significantly expand its portfolio, as well as its geographical reach including new customers in Europe, the Americas and Asia.
“This deal is an important milestone for Connect Group, as we can now focus even more effectively on serving worldwide customers and offering them the benefits of a ‘glocal’ – a global and local – presence they can count on,” says CEO Jeroen Tuik. “Our success to date has been based on anticipating and fulfilling the needs of our customers and providing them with solutions that enable them to be successful. I’m confident that synergies between Connect Group and IKOR will create a win-win for our company, our customers and all stakeholders.”