Translink Corporate Finance announces the sale of Tepcomp Oy, a Finnish electronics development and manufacturing services company (EMS), to Dutch Viapaq Group BV. Translink acted as the exclusive financial adviser to Tepcomp’s owners.

By acquiring Tepcomp, Viapaq Group further expands its product portfolio and development capability in lighting applications and assumes a leading role in this field.

The manufacturing footprint of Tepcomp, with sites in Finland and Estonia, is highly complementary with Viapaq Group’s existing operational set up in France, Italy and Finland. It gives the Group access to manufacturing capabilities stretching from prototyping to high volume manufacturing and manual assembly, all according to the highest quality and performance standards.

Pekka Leppälä, Tepcomp’s CEO, is excited by the opportunity to join the Viapaq Group: ‘Joining Viapaq Group will further bolster our position in the market, our ability to invest and enable us to better serve our customers with an extended proposition. I see great value in combining both company’s strengths’.

At Translink we see that EMS industry will continue to consolidate and especially lightning field, driven by soaring LED demand, provides interesting opportunities for M&A. With our past EMS transaction experience across many countries/continents we are well positioned to help other EMS companies to accomplish their M&A goals both in sell- and buy-side.