Electronics contract manufacturer Incap managing director Otto Puck covered the company’s acquisition in Germany in Kauppalehti direct In the Talousamau program on Friday.
unable told last December that he would buy a German in a deal worth at least 50 million euros of the Lacon Groupwhich is an electronics contract manufacturer and original manufacturer. The deal was made to the decision in February.
Incap said at the time that the acquisition would accelerate its growth strategy by strengthening its position in defense, rail technology and medical technology.
The journalist who hosted Talousam Antti Lehmusvirta asked Pukki whether the acquisition was essentially a geopolitical or geostrategic move.
“Partly, of course. But we have been looking at the German market for a long time. Germany is still the heartland of European industry, and it is very difficult to succeed in Germany without a presence in the market. So we have been looking at Lacon for a long time,” Pukk said.
He continued that, of course, Lacon’s position in the defense industry and certain other sectors also fit well with Incap’s portfolio.
You can watch Friday’s Economic Morning in its entirety below.
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