(CercleFinance.com) – The Icape group today announces the acquisition of 100% of the assets of the German company Bordan Electronic Consult, a supplier specializing in the design of ‘custom-made’ technical parts.
Since 2002, Bordan Electronic Consult has been developing a range of services focused on the distribution of technical parts to around thirty clients, mainly based in Germany.
In 2022, the company generated a turnover of 0.9 million euros as well as a gross margin of more than 35%.
‘This new operation should help generate synergies through the pooling of our respective know-how,’ commented Yann Duigou, general manager of the group.
‘The objective of this acquisition, in line with our external growth strategy and our previous operations in this high-stakes territory, will be to participate in improving the organic growth and profitability of our local subsidiary’, a- he added.