Icape Holding announces the acquisition of the operating assets of Heissenberger Leiterplattentechnik (HLT), a German distributor of printed circuit boards, through its subsidiary Icape Deutschland, financed 100% in cash.

Based in Baden-Württemberg, HLT provides a range of high value-added services to segments as diverse as the automotive, home automation, telecoms, aerospace and medical industries. In 2022, it generated sales of 4.1 million euros.

With this acquisition, which offers advanced potential for synergies with its German subsidiary, Icape explains that it is 'strengthening its position as a leading player in one of the major markets for PCB distribution, in Europe and worldwide'.

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