Reed Releases Top 20 List of European-owned EMS Providers


Reading time ( words)

The German Zollner Group remained the leading European EMS provider based on global revenues with estimated sales of €1.25 billion in 2017, according to the Reed Electronics Research. Meanwhile, despite lower sales from its European operations, primarily in Germany, Asteelflash remained second with the Hungarian company Videoton, third.

The top five all reported revenues over Euro 500 million in 2017 with the Dutch company Neways becoming the sixth European company to achieve this in 2018.

Acquisitions continue to have an impact on the ranking. The most notable in 2018 was the acquisition of of Swiss company CCS Holdings by GPV. As a result, the Danish company has moved into the Top 10 with pro-forma revenues in 2017 of €344 million.

Kitron. Elemaster, TT Electronics and HANZA have also completed targeted acquisitions in 2018/2019 and it is expected that further acquisitions will take place over the next two to three years as companies look to strengthen their operations in both Europe and globally.

Top 20 European EMS-Reed.JPG

Note: * Includes acquisitions which have taken place in 2018 and the first two months of 2019
Source: Reed Electronics Research

Share

Print


Suggested Items

Navigating the Current Supply Chain

07/08/2020 | Nolan Johnson, PCB007
Robb Engle, executive VP of Sono-Tek, and Nolan Johnson discuss what the company has seen as far as supply chain challenges and changes to respond to in the past few months in response to COVID-19 and its related effects.

This Month in SMT007 Magazine: Electronics Manufacturing—A Critical Industry and Supply Chain

07/01/2020 | I-Connect007 Editorial Team
Chris Peters represents the U.S. Partnership for Assured Electronics, where he advocates for electronics manufacturing as a critical industry. Here, he describes the current status, the supply chain, and what he sees in Washington, D.C.

The iNEMI 2019 Board Assembly Roadmap

06/01/2020 | Pete Starkey, I-Connect007
iNEMI continues to publish chapters of its 2019 Roadmap and recently presented an overview of its Board Assembly Roadmap Chapter in a webinar prefaced by Grace O’Malley, vice president of global operations. The new chapter is just the latest addition to this global effort from 23 working groups contributing expert input from all aspects of the electronics industry.



Copyright © 2020 I-Connect007. All rights reserved.