Lacon Electronic
Lacon Electronic is a German EMS/ODM provider founded in 1985, serving medical, railway, robotics, and e-mobility customers with design, engineering, power electronics, and certified production. Following its 2026 acquisition by Incap Corporation, it now operates as Incap Electronics Germany.
- Company typePrivate
- Founded1985
- HeadquartersKarlsfeld, Germany
- Headcount501–1,000
- GTM typeB2B
- OfferingHardware or Manufacturing
What Lacon Electronic does
Lacon Electronic GmbH, founded 1985 and headquartered in Karlsfeld near Munich, is a German EMS (Electronic Manufacturing Services) and ODM (Original Design Manufacturing) provider serving safety-critical and regulated industrial end markets. Its offering spans the full product lifecycle: design and engineering (embedded systems, industrial IoT, SBC platforms, software), industrial engineering with AI-assisted quoting via Luminovo LumiQuote, power electronics (high and low voltage DC-DC converters, charging technology via the majority-owned Querom subsidiary), and production services including PCB assembly, cable assembly, electromechanics, switch cabinet construction, device/system integration, and life-cycle/obsolescence management. Production is split between the Karlsfeld headquarters and a Galați, Romania facility focused on cable assemblies for European capital goods customers.
The company's customer base spans four primary verticals — Medical Technology (ISO 13485 certified, e.g., Terraplasma Medical plasma care devices), Railway Technology (Deutsche Bahn Q1-certified, supplying Knorr-Bremse and DB directly), Robotics (30 years of cable and energy supply system experience), and E-Mobility (manufacturing ChargeX AqueductNEO, qwello charging systems, and proprietary EAutoLader) — with secondary exposure to Industrial IoT, New Energy/Smart Grid, and defense (VG 96927 standards). Revenue is generated through project-based, multi-year B2B contracts under direct enterprise sales engagement, with no public pricing tiers. Reported 2021 revenue was EUR 55+ million with 22% YoY growth; two subsequent acquisitions (Querom 2022, Montronic 2024) expanded scale prior to Lacon Group being acquired in full by Nasdaq Helsinki-listed Incap Corporation, with the transaction completing on 20 February 2026 and the entity rebranded Incap Electronics Germany GmbH.
Lacon Electronic firmographics
Firmographics- Name
- Lacon Electronic
- Legal name
- Incap Electronics Germany GmbH
- Website
- https://lacon.de
- Company type
- Private
- Founded year
- 1985
- Operating status
- Acquired
- Headcount range
- 501–1,000 employees
- Short description
- Lacon Electronic is a German EMS/ODM provider founded in 1985, serving medical, railway, robotics, and e-mobility customers with design, engineering, power electronics, and certified production. Following its 2026 acquisition by Incap Corporation, it now operates as Incap Electronics Germany.
- Ownership category
- akta.pro rank
Lacon Electronic industry classification
Industry- Product category
- Electronic Manufacturing Services (EMS) and Original Design Manufacturing (ODM)
- NAICS
- Relay and Industrial Control Manufacturing (335314), Electrical Equipment Manufacturing (3353), Navigational, Measuring, Electromedical, and Control Instruments Manufacturing (33451), Electrical Equipment Manufacturing (33531)
- SIC
- Electrical Industrial Apparatus (3620), Electronic & Other Electrical Equipment (No Computer Equip) (3600), Industrial Instruments For Measurement, Display, And Control (3823), Electronic Coils, Transformers & Other Inductors (3677)
- akta.pro primary industry
- Industrial Electronics Manufacturing Services (EMS) (IMAGAGAA)
- akta.pro secondary industries
- Industrial Power & Energy Electronics Manufacturing Services (UPS, converters, inverters, chargers) (IMAGAGAI), AC-DC Power Supplies (Industrial PSUs, DIN-rail, enclosed/open-frame) (IMAGADAA), Ruggedized/Harsh-Environment Electronics Manufacturing (IP-rated, shock/vibration, wide-temp) (IMAGAGAF), Process Control & Automation Electronics Manufacturing Services (PLCs, I/O, DCS/SCADA hardware) (IMAGAGAK)
Keywords
Where Lacon Electronic is headquartered
LocationHeadquarters
- HQ city
- Karlsfeld
- HQ country
- Germany
- HQ region
- Europe
Offices2 records
Markets served
Lacon Electronic business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Personnel, Supply Chain, Operations, Technology or R&D, Infrastructure, Marketing or Sales
Revenue model
- EMS/ODM Manufacturing Services: Electronic Manufacturing Services and Original Design Manufacturing providing complex electronic and electromechanical solutions. Revenue generated through project-based manufacturing contracts, from prototyping through series production. Sales exceeded EUR 55 million in 2021 with 22% growth.
- Design & Engineering Services: Engineering and development services accompanying customers from concept through product development to manufacturing, including embedded systems, IoT, and power electronics development.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Project-based EMS/ODM manufacturing |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels4 records
Lacon Electronic product offering
Product offeringCore offering
Lacon Electronic (now Incap Electronics Germany) provides full-service Electronic Manufacturing Services (EMS) and Original Design Manufacturing (ODM) for complex electronic and electromechanical systems. Capabilities span design and engineering, industrial engineering, power electronics (DC-DC converters, charging technology), and production including PCB assembly, cable assembly, electromechanics, switch cabinet construction, device and system integration, and electronics protection for industries such as medical technology, railway, robotics, e-mobility, and IoT.
Product overview
Lacon Electronic (now Incap Electronics Germany) is a leading EMS (Electronic Manufacturing Services) and ODM (Original Design Manufacturing) provider based in Karlsfeld, Germany, with facilities in Romania. Founded in 1985, the company offers comprehensive electronics manufacturing capabilities including PCB assembly, cable assemblies, electromechanics, device and system construction, switch cabinet construction, and power electronics. Their Design & Engineering cluster provides Embedded Systems & Industrial IoT, Embedded Platforms SBC, and Software Development. The Industrial Engineering division includes Smart-Data-Management powered by Luminovo AI. Key product offerings include power electronics (DC-DC converters, chargers), EAutoLader for e-mobility, and the ChargeX AqueductNEO intelligent charging system. The company serves specialized verticals including Railway Technology (Q1 Deutsche Bahn supplier), Medical Technology (ISO 13485 certified), Robotics, E-Mobility, and IoT/Industry 4.0. Lacon was acquired by Incap Corporation in December 2025 with completion in February 2026.
Differentiator
Problem solved
Functional benefit
Brands
- Incap Electronics Germany: Current operating brand following Incap Corporation acquisition in February 2026
- Querom
Products and services
- Electronic Manufacturing Services (EMS) Full-service EMS offering including PCB assembly, cable assembly, electromechanics, device and system construction, switch cabinet construction, electronics protection, and cable confectioning for industrial customers in medical technology, railway, robotics, e-mobility, and IoT sectors.
- Original Design Manufacturing (ODM) Design and engineering services combined with manufacturing capabilities, enabling full product realization from concept through development and certified production for global markets under the philosophy 'Electronics with Your Name'.
- Design & Engineering Services Engineering services including Embedded Systems & Industrial IoT, Embedded Platforms (SBC) and Software Development for industrial applications, covering hardware and software design.
- Power Electronics (Leistungselektronik) Intelligent DC systems from initial idea to series solution, including High Voltage DC-DC converters, Low Voltage DC-DC converters, and charging technology and chargers for e-mobility and industrial applications.
- Industrial Engineering Services Services including Smart-Data-Management using AI (Luminovo) and Risk-Benefit Analysis for process optimization and production efficiency.
- EAutoLader EV Charger Electric vehicle charging solution in the E-Mobility sector, developed and manufactured by Lacon Electronic for residential and commercial charging applications.
- ChargeX AqueductNEO Charging System
Quantifiable outcome
- 30% automation of procurement and estimating processes
- +3 more outcomes
Companies that use Lacon Electronic
Customer profileNamed customers5 records
Segments6 records
Ideal customer profiles4 records
Lacon Electronic technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability1 record
Feature4 records
Lacon Electronic partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core and minor.
- LuminovocoreLuminovo partnership for LumiQuote cloud-based software for automating quoting and procurement processes. Lacon was an early-stage development partner. Implementation achieved 30% automation of procurement and estimating processes.
- Terraplasma MedicalcoreManufacturing partnership for plasma care® medical devices. Lacon provides design for manufacturing feedback, production, and supply chain management. Collaboration enabled market launch of approximately 1,000 new generation devices.
- ChargeXcoreManufacturing partner for ChargeX AqueductNEO intelligent charging systems. Lacon manufactures the world's only patented intelligent multiple charging socket for electric cars, enabling scalable charging infrastructure.
- Vogel VerlagminorBusiness Partner Silber (Silver) at EMS-Tag organized by Vogel Verlag. Lacon participates as sponsor and contributor to EMS industry event.
- University of St. GallenminorInstitute for Leadership and Human Resources Management at University of St. Gallen conducts audits for Top Job employer award program.
Scale indicators5 records
Recent moves7 records
Expansion highlights6 records
Lacon Electronic competitors and assessment
Company assessmentDirect peers
- Katek SE: German-headquartered EMS/ODM provider of comparable size serving industrial, automotive, medical and renewable energy customers across Europe. Directly comparable business model and customer overlap with Lacon.
- Zollner Elektronik AG: One of the largest German EMS/ODM companies, providing electronics manufacturing services across automotive, industrial, medical and railway sectors. Highly comparable in service portfolio and end-markets, though larger in scale.
- BMK Group GmbH & Co. KG: German EMS provider serving industrial, automotive, and medical device customers with similar contract manufacturing and design services. Direct competitor in the DACH EMS mid-market.
- Cicor Technologies Ltd. Swiss EMS/ODM provider serving medical, industrial, and aerospace/defense customers in Europe. Comparable business model with similar emphasis on regulated, high-reliability end markets.
- Scanfil plc: Finland-based EMS provider serving industrial, energy, and medtech customers across Europe with comparable size, contract manufacturing focus, and pan-European footprint.
- NOTE AB: Swedish EMS provider operating close to Lacon in size and revenue base, serving industrial, medtech and defense customers in Northern Europe. Closely comparable business model and end-market mix.
- Inission AB: Nordic-based EMS/ODM provider of similar size with industrial and medtech customers. Comparable in offering breadth, contract manufacturing orientation, and pan-European footprint.
- Hanza Holding AB: Swedish EMS provider with manufacturing footprint in Northern and Central Europe serving industrial OEMs. Comparable contract manufacturing model and customer profile.
Emerging players
- SFC Energy AG: German power electronics specialist focused on fuel cells and DC power solutions for industrial and defense applications. Overlaps with Lacon/Querom's power electronics focus though smaller in scale.
Broad incumbents
- Phoenix Mecano AG: Swiss-listed industrial components and enclosures group with electronic subsystems serving comparable railway, industrial automation, and capital goods customers; broader portfolio than Lacon but overlapping in selected electronics categories.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights7 records
Customer concentration
Lacon Electronic social profiles
Digital presenceLacon Electronic compliance and trust
Trust signalCompliance13 records
Lacon Electronic financial estimates
Financial estimateRevenue estimate
Valuation estimate
Lacon Electronic leadership team
Management profileNumber of profiles
Profiles13 records
Lacon Electronic subsidiaries and ownership
Company hierarchySubsidiaries2 records
Lacon Electronic funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Lacon Electronic M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Lacon Electronic
What does Lacon Electronic do?
Lacon Electronic (now Incap Electronics Germany) provides full-service Electronic Manufacturing Services (EMS) and Original Design Manufacturing (ODM) for complex electronic and electromechanical systems. Capabilities span design and engineering, industrial engineering, power electronics (DC-DC converters, charging technology), and production including PCB assembly, cable assembly, electromechanics, switch cabinet construction, device and system integration, and electronics protection for industries such as medical technology, railway, robotics, e-mobility, and IoT.
Is Lacon Electronic a public or private company?
Lacon Electronic is a private company. It is classified as corporate owned and is currently acquired.
When was Lacon Electronic founded?
Lacon Electronic was founded in 1985. It employs 501 to 1,000 people.
Where is Lacon Electronic based?
Lacon Electronic is headquartered in Karlsfeld, Germany, in the Europe region.
How does Lacon Electronic make money?
Two revenue lines are on record. EMS/ODM Manufacturing Services are the primary driver. The others are design & Engineering Services.
Who are Lacon Electronic's main competitors?
Direct peers on record are Katek SE, Zollner Elektronik AG, BMK Group GmbH & Co. KG, Cicor Technologies Ltd., Scanfil plc, NOTE AB, Inission AB and Hanza Holding AB. SFC Energy AG is listed as an emerging player. Phoenix Mecano AG is listed as a broad incumbent.
Does Lacon Electronic have an API?
No public API is recorded for Lacon Electronic.
What industry is Lacon Electronic in?
Lacon Electronic's product category is Electronic Manufacturing Services (EMS) and Original Design Manufacturing (ODM). Its primary akta.pro industry code is IMAGAGAA, Industrial Electronics Manufacturing Services (EMS), with a secondary code of IMAGAGAI, Industrial Power & Energy Electronics Manufacturing Services (UPS, converters, inverters, chargers). Its NAICS code is 335314 and its SIC code is 3620.