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128 PCB007 MAGAZINE I DECEMBER 2021 Consolidated revenue rose by 29.7% to € 697.6 million in the first half of 2021/22 (PY: € 537.8 million). Adjusted for currency effects, the increase in consolidated revenue even amounted to 34.8%. In the past few years, the investment by private equity (PE) firms into the PCB and EMS sectors has been increasing rapidly. Just in the past few months, APCT and Summit Interconnect have changed PE owners, American Standard Circuits was acquired by a PE firm, and Lenthor Engineering was acquired by a PE-backed firm. According to our firm's data base, out of the top 10 independent PCB manufacturers in North America, two are public (TTM and FTG) and five are owned by PE firms. I-Connect007's Nolan Johnson catches up with Anders Forsén, chief financial officer at NCAB Group, to get an update on the recently announced acquisition of Elmatica by NCAB. In this audio interview from the NCAB headquarters in Sweden, Anders details how he sees Elmatica and NCAB working together to deliver a stronger solution for customers. New Methods for Quantifying PCB Design Weaknesses and Manufacturing Challenges Gerry Partida explains, "The industry is at a new point in evolving how we look at building boards. Our industry has historically built boards and then tried to find a test for them. Then, when they found a test for it, they figured out that it needed to be analyzed before they built the board." AT&S Continues Strong Growth Course; Revenue Up 30% in 1H of 2021/22 Punching Out! What Does Private Equity See in the North American PCB Sector? NCAB Discusses Recent Merger with Elmatica Tom Kastner TOP TEN EDITOR'S PICKS

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