NCAB Group AB is a leading global supplier of printed circuit boards (PCBs) that operates an asset-light, fabless business model. Rather than owning manufacturing facilities, the company partners with a network of qualified factories, primarily located in China and other parts of Asia, to produce high-mix, low-volume (HMLV) and medium-volume PCBs. NCAB manages the entire supply chain for its customers, offering engineering and design support, prototyping, quality control, and logistics. The company's product portfolio includes multilayer, high-density interconnect (HDI), radio frequency, flexible, rigid-flex, and heavy copper PCBs. Revenue is generated from the sale of these boards to original equipment manufacturers (OEMs) and electronic manufacturing services (EMS) providers across various industries, including industrial electronics, medical technology, aerospace, defense, automotive, and telecommunications. Geographically, NCAB operates through four main segments: Nordic, Europe, North America, and East (Asia), with Europe historically being its largest market. The company's competitive advantage lies in its local presence combined with global sourcing capabilities, ensuring reliable delivery and high-quality standards for mission-critical electronic components.
