ICAPE Group Strengthens Its Supply Chain by Developing New Logistics Solution in Europe
February 21 2023 - 11:45AM
Business Wire
Regulatory News:
ICAPE Group (ISIN code: FR001400A3Q3 - Ticker: ALICA)
(Paris:ALICA), a global technology distributor of printed circuit
boards ("PCB"), today announced the expansion of its
logistics solutions to meet the growing demand for PCB and
technical parts from the electronics industry.
As part of ICAPE Group's strategy to establish a local presence
in multiple countries, the Group significantly reinforced its
subsidiary in Modena, Italy, a strategic position in the heart of
Europe. Created in 2017, the subsidiary enters a new phase of
growth and development in order to meet the increase in demand for
the Group’s high-quality solutions and expertise. ICAPE Group
decided to make a significant investment through a new facility of
350 m2 providing new resources to further enhance its services and
activity through various storage possibilities and fast delivery
options to customers.
This new fully operational warehouse accompanies the development
of ICAPE Group and its logistics network, which now comprises 12
warehouses around the world. With the support of ICAPE Group’s
services office in China staffed by 250 employees notably
responsible for procurement and quality control, the Group looks to
the future with the ambition of steady growth in revenue and
service quality,
Cyril CALVIGNAC, ICAPE Group’s CEO, stated: "ICAPE Group
has already proved its key technical expertise by acting as a
single point of contact for its clients, handling the PCB and
technical parts’ entire supply chain. With our structured and
global platform, we are able to serve our clients all around the
world. This new facility in Italy consolidates both our presence in
Europe and strengthens our competitive and strategic advantage,
further positioning ourselves as a major intermediary between
clients operating all over the world and local suppliers. "
About ICAPE Group
Founded in 1999, ICAPE Group acts as a key technological expert
in the PCB supply chain. With a global network of 36 subsidiaries
and a major presence in China, where most of the world’s PCB
production is done, the Group is a one-stop-shop provider for the
products and services which are essentials for customers. As of
December 31, 2022, ICAPE Group recorded a consolidated revenue of
nearly €220 million.
For more information: icape-group.com
View source
version on businesswire.com: https://www.businesswire.com/news/home/20230221005662/en/
ICAPE Group CFO Shora Rokni Tel: +33 1 58 18 39 10
investor@icape.fr
Investor Relations NewCap Nicolas Fossiez
Louis-Victor Delouvrier Tel: +33 1 44 71 94 98 icape@newcap.eu
Media relations NewCap Arthur Rouillé Antoine
Pacquier Tel: +33 01 44 71 94 94 icape@newcap.eu
Icape (EU:ALICA)
Historical Stock Chart
From Jun 2024 to Jul 2024
Icape (EU:ALICA)
Historical Stock Chart
From Jul 2023 to Jul 2024