Incap Corporation | Press release | 6 July 2023 at 11.15 a.m. EEST
 
Incap Corporation’s acquisition of Pennatronics Inc has been completed
 
On 3 July 2023, Incap Corporation announced it had signed an agreement to acquire 100% ownership of Pennatronics Inc., an Electronics Manufacturing Services company in Pennsylvania, USA. The acquisition was closed on 5 July 2023 and Pennatronics Inc. is now a fully owned subsidiary of Incap Corporation. Pennatronics Inc. will be named as Incap Electronics US, Inc. and the company will start the brand change process.

Additional information
Otto Pukk, President and CEO, can be reached from 8 AM Eastern Daylight Time (EDT) on +372 508 0798.

Incap in brief
Incap Corporation is a trusted partner and full service provider in Electronics Manufacturing Services. As a global EMS company Incap supports customers ranging from large multinationals and mid-sized companies to small start-ups in their complete manufacturing value chain. Incap offers state-of-the-art technology backed up by an entrepreneurial culture and highly qualified personnel. The company has operations in Finland, Estonia, India, Slovakia, the UK, USA, and Hong Kong and employs approximately 2,900 people. Incap’s share has been listed on Nasdaq Helsinki Ltd stock exchange since 1997.