Lapp Group has acquired SKS Automaatio and SKS Connecto in Finland and Poland. “The acquisition of the SKS companies strengthens Lapp’s leading role in cable harnessing and our market position in North-Eastern Europe,” said Andreas Lapp, Chairman of the Board of Lapp Holding, in a press statement.
SKS Connecto Oy is located in Hyvinkää, Finland, and leading in cables and cable harnesses for machine and circuit board constructions as well as in distributor rails. SKS ConnectoPolska Sp. z o.o. in Gdansk, Poland, is another location of the company and specializes in cable harnesses and wire set manufacturing and electrical assemblies.
SKS Automaatio Oy is leading in automation and electrical components and is located in Vantaa, Finland. Along with its broad range of products the company offers tailor-made package solutions that fits well with Lapp`s future strategy.
The turnover of both companies is €40 million Euro. About 280 employees are employed there in total. SKS Group, originally existed of 8 companies, is a successful family-run engineering company represented by Heimo J. Aho and was founded in 1924.
The takeover is subject to the approval of the relevant regulatory authorities.
