Styromatic

What Styromatic does

Styromatic A/S is a family-owned Electronics Manufacturing Services (EMS) company founded in 1976 in Denmark and headquartered in Brabrand (Aarhus). The company delivers full-service contract manufacturing — from component sourcing and prototyping through SMT (Surface Mount Technology) and THT (Through-Hole Technology) production, AOI and X-ray inspection, functional and burn-in testing, protective coating and potting, box-build assembly, packaging, and worldwide shipping — handling the entire product lifecycle on a customer-supplied blueprint basis. Manufacturing operates from a 5,000 m² facility in Denmark and a 4,000 m² facility in Udon Thani, Thailand (established 2006), giving the business a dual-shore cost and quality model. Styromatic employs approximately 250 people across Denmark, Thailand, and Germany.

The company serves enterprise B2B customers across eight verticals: Cleantech, Defence, Lighting (including stage and entertainment), Marine, Medical, Safety, Telecommunications, and Transportation. Notable disclosed customer categories include "major music industry brands" for stage-lighting electronics and "high-end lab equipment manufacturers" for analytical instrumentation. Manufacturing is certified to IPC-A-610 class 2 and 3, ISO 9001 (quality) and ISO 14001 (environmental management) by DNV, with RoHS and REACH regulatory compliance and audits by DNV, UL, CSA, and Intertek. These certifications — particularly the IPC-A-610 classes — qualify the company for higher-reliability applications such as defence and medical devices.

Styromatic operates a sales-led, direct-distribution go-to-market model, with regional offices in Denmark (Aarhus — primary customer contact), Germany (Hilden — Central European sales/logistics), and Thailand (Udon Thani — production). Revenue streams include core EMS hardware sales, global component sourcing with DFM assistance, resale of excess inventory components, and ancillary after-sales services (RMA processing at a published 350 DKK fixed fee per return number; 750 DKK per hour for out-of-warranty repair, plus materials). The company is privately held under Asmus Hamborg-Petersen (CEO since the 2005 founder succession), with a formal C-suite of CFO Hugo Nyrup, CSO Henrik Bay, and COO Allan Havmøller Sørensen. No revenue figures are publicly disclosed.

Name

Styromatic

Legal name

Styromatic A/S

Website

https://styromatic.dk

Company type

Private

Founded year

1976

Operating status

Operating

Headcount range

101–250 employees

Short description

Family-owned since 1976, Styromatic provides Electronics Manufacturing Services (SMT/THT) from facilities in Denmark and Thailand, serving enterprise customers across medical, defence, lighting, marine, transportation, telecommunications, and other industrial verticals.

Ownership category

akta.pro rank

Headquarters

HQ city

Brabrand

HQ country

Denmark

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Operations, Supply Chain, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Electronics Manufacturing Services: Full-service EMS providing complete manufacturing from sourcing and prototyping through manufacturing, testing, packaging, and shipping. Customers provide specifications and Styromatic handles the rest.
2. Component Sourcing: Global supplier network sourcing of electronic components, including prototype manufacturing and PCB layout design assistance
3. Excess Component Sales: Sales of excess inventory components no longer needed due to production plan changes
4. RMA and After-Sales Service: Return Material Authorisation processing and repair services with associated fees (350 DKK service fee, 750 DKK hourly rate for repairs without warranty)

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels3 records

Core offering

Styromatic is a Danish family-owned Electronics Manufacturing Services (EMS) provider that manufactures printed circuit boards and electronic assemblies on a contract basis. The company offers end-to-end production services including component sourcing, prototyping, SMT and THT assembly, testing, box build, packaging, and logistics for enterprise OEM customers across industries such as cleantech, defence, lighting, marine, medical, safety, telecommunication, and transportation.

Product overview

Styromatic offers a unified Electronics Manufacturing Services (EMS) platform providing end-to-end solutions from component sourcing and prototyping through manufacturing (SMT and THT), testing, box build assembly, and logistics. Their core offering combines SMT Manufacturing and THT Manufacturing with complementary services including Prototyping and DFM Services, Testing and Quality Control, Box Build Services, Logistics and After-Sales Service, Excess Components Sales, and RMA services. Manufacturing facilities are located in Denmark (5,000 m²) and Thailand (4,000 m²), with the main office and customer contact in Aarhus, Denmark.

Differentiator

Problem solved

Functional benefit

Products and services

• Electronics Manufacturing Services (EMS)
• RMA (Return Material Authorisation) Service
• Excess Components Sales

Quantifiable outcome

• Products manufactured in full compliance with RoHS directive
• +2 more outcomes

Named customers2 records

Segments8 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature8 records

Scale indicators6 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• GPV: Danish-headquartered EMS provider with multi-country European and Asian manufacturing footprint, very similar mid-market positioning, vertical mix, and customer base to Styromatic. Most direct geographically comparable peer.
• Kitron: Norway-listed Nordic EMS provider offering SMT/THT assembly, box build, and full lifecycle services across sectors like defence, energy, and medical. Closely comparable to Styromatic in capability, geography, and customer-type focus.
• Scanfil: Finnish-listed EMS provider with manufacturing in Europe and Asia, serving industrial, energy, medtech, and automation customers. Operates a comparable Denmark/Thailand-style multi-shore model.
• Hanza Holding: Swedish-listed mid-market EMS provider with multiple European manufacturing sites, offering similar one-stop services from sourcing to box build. Directly comparable in service scope and target customer profile.
• Inission: Swedish EMS provider combining in-house manufacturing with box build and prototyping for industrial customers. Similar size range, multi-country Nordic footprint, and one-stop positioning as Styromatic.
• Cicor Technologies: Swiss-headquartered European EMS with operations in Europe, North Africa, and Asia, serving medical, industrial, and aerospace customers. Comparable diversified EMS platform with regulated-vertical exposure.
• Lacroix Electronics: French EMS arm of the Lacroix Group, operating multi-country European manufacturing for industrial, automotive, and medical customers. Comparable in service breadth and European mid-market focus.

Broad incumbents

• Flex (Flextronics): Global tier-1 EMS incumbent offering scale manufacturing, design, and supply chain services across all major verticals. Overlaps with Styromatic on the core EMS offering but operates at vastly larger scale with broader geographic reach.
• Jabil: Global tier-1 EMS incumbent with worldwide manufacturing and end-to-end services spanning design, procurement, and assembly. Direct capability overlap with Styromatic but at multi-billion-dollar scale across all key verticals.

Others

• NCAB Group: Swedish-listed PCB sourcing specialist serving European EMS and OEM customers with full-turnkey PCB supply. Adjacent ecosystem participant rather than direct competitor, but operates in the same Nordic electronics-manufacturing orbit as Styromatic.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Styromatic