NCAB Group acquires US PCB supplier Board Shark for USD 15 million upfront

  • NCAB Group acquired 100% of Florida-based Board Shark, a US printed circuit board solutions provider with five employees.
  • Board Shark generated about USD 17 million of net sales in 2025, with an EBITA margin above NCAB’s.
  • Upfront fixed purchase price set at USD 15 million on a cash- and debt-free basis.
  • Deal includes an earn-out of up to USD 11 million tied to financial performance over the next 24 months.
  • Transaction expected to lift earnings in 2026, supported by supplier, logistics, payment-term, and cross-selling synergies.


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