PARIS -- Eolane was one of the fastest-growing larger tier EMS companies in 2013, seeing sales rise 11.1% year-over-year to 400 million euros ($554.6 million). The EMS company's revenue was boosted by multiple acquisitions made during the previous year.

In 2012, Eolane acquired a former Elcoteq plant in Estonia, and Lagasse Communications' manufacturing sites in Berlin and Douarnenez, France. Last year it added Elcoteq's former 145,000 sq. ft. factory in Bangalore.

Eolane's revenues have now nearly doubled over the past three years, and the company forecasts another 7.5% increase in 2014, to 430 million euros.

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