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

Keith Bryant on Growth in the European Market

11/06/2019 | Pete Starkey, I-Connect007
Pete Starkey interviews Keith Bryant, chairman of the European division of the Surface Mount Technology Association (SMTA), about his view on the outlook of the industry, including growth in the European electronics manufacturing industry as well as the need for young engineers.

The Ecosystem of Industry Standards

10/30/2019 | I-Connect007 Editorial Team
I-Connect007 reached out to representatives from several industry standards organizations and talked with them about how they participate in the standards process. Along the way, these conversations clarify which group does what, how they all work together as well as clarify and dispel a couple of industry myths.

IPC Electronics Materials Forum 2019

10/16/2019 | IPC
IPC will be holding its Electronics Materials Forum 2019 from November 5–7, 2019, in Bloomington, Minnesota. The Electronics Materials Forum is a new technical conference focused on developments in materials and processes associated with advanced electronics assembly and manufacturing.



Copyright © 2019 I-Connect007. All rights reserved.