Over the past 18 months, ICAPE Group has invested massively in Germany with a new advanced logistics centre and in April 2022, the company acquired PCB Supplier: SAFA2000. Founded the same year as ICAPE Group in 1999, SAFA2000 started its activities in the PCB industry. By 2021, the company had achieved annual 15,5 M€ revenue, with 28 employees and 360 active customers.
CEO of ICAPE Group, Cyril Calvignac, said the acquisition is a great step forward to develop ICAPE Group’s businesses in Germany, with a new facility. From SAFA2000’s point of view, joining ICAPE Group will allow the German-focused company to benefit from a full range of services from an international company. With a network of 80 factory partners and the support of all ICAPE Group’s departments such as sourcing, purchasing, quality, laboratory, logistics and customer services, SAFA2000 will be able to offer better services to its customers. “In the past, ICAPE Group was a respected competitor, but we are now partners. Together, we will be stronger with customers benefiting from the strength of both companies , better services, better prices, better quality”, said Antonio Dias, CEO of SAFA2000.
SAFA2000 ensures its customers the daily operations will continue as usual, with the full support of ICAPE Group’s organisation. The German company will be integrated into ICAPE Deutschland in 2023.