FONTENAY-AUX-ROSES, FRANCE – ICAPE Group reported 2021 revenue of €170 million (US$193.2 million), up 35% year-over-year.

During the year, the company acquired BA Elektronik in Germany and IDELEC in France. The firm also began building new offices in Sweden, a logistics center in France, and a modern logistics base in Nuremberg, Germany.

In November, ICAPE finalized the acquisition of Trax Group in South Africa and joined forces with JAPCC in The Netherlands.

ICAPE supplies printed circuit boards and custom-made technical parts, with 28 million electronics pieces delivered each month to 3,000 customers in 70 countries.

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