Nordhaven advised Incap in the acquisition of UK based AWS Electronics

28 jan 2020

Nordhaven Corporate Finance jointly with its Clairfield UK partner office advised Helsinki-listed Incap Group in its acquisition of AWS Electronics Group in the UK (“AWS”).  

AWS provides high complexity EMS services for the automotive and transport as well as aerospace industries and for appliances such as scientific instruments and controls. It has production facilities in Newcastle-under-Lyme, UK, and in Namestovo, Slovakia.

In the financial year ended on June 30, 2019, AWS generated revenue of GBP 35 million (approximately EUR 41 million) and EBITDA of GBP 2.1 million (EUR 2.5 million). The Enterprise Value of the transaction is GBP 14.8 million (EUR 17.4 million) including an earn-out.

“We are happy and thankful for the whole team that worked together with us in this transaction. The integrated Clairfield advisory team from Finland and the UK was able to provide solutions that were central in the deal making”, says Otto Pukk, President and CEO of Incap Group.

“This is yet another example how we together with our international network provide high value-added for our clients in implementing their growth strategy” says Ari Leppänen, Partner at Nordhaven.

For further details, click here

For further information, please contact:

Ari Leppänen, +358 40 525 9241, ari.leppanen@nordhaven.com

Join our newsletter
Subscribe to our newsletter to receive the latest news from Nordhaven Corporate Finance.
  • Helsinki
  • Eteläranta 12
  • +35 8 207 613 910
  • Oslo
  • Hieronymus Heyerdahls gate 1
  • +47 901 07 708
 
Contact LinkedinPrivacy Policy
Nordhaven
Website by Almedialt