NCAB Group
NCAB Group is a Swedish, Nasdaq Stockholm-listed PCB sourcing specialist serving OEMs, ODMs, and EMS providers in aerospace, automotive, defense, medical, and industrial sectors across 45 markets through 19 local companies and 35 partner factories.
- Company typePublic
- Founded2011
- HeadquartersSundbyberg, Sweden
- Headcount251–500
- GTM typeB2B
- OfferingHardware or Manufacturing
What NCAB Group does
NCAB Group is a Swedish-headquartered, publicly listed (Nasdaq Stockholm: NCABF) printed circuit board (PCB) sourcing and supply-chain specialist serving demanding industrial customers. The group operates an asset-light model through 19 local companies across 45 markets, aggregating volume from approximately 35 carefully selected partner factories and producing on the order of 271 million PCBs annually with a workforce of around 660 specialists. Its PCB portfolio spans Multilayer, HDI, RF, IMS, Flexible, Rigid-Flex, Semi-Flex, Double-Sided, and Heavy Copper boards, complemented by in-house PCB design support, Factory Management quality oversight, and the NCAB Group Lab for testing and verification.
Revenue is generated through direct, quote-based hardware sales of PCBs (no public pricing disclosed), with go-to-market executed via enterprise field sales — local technical account managers, regional sales managers, and in the US alone 40+ specialized sales representatives. The company pursues an acquisition-led market-entry strategy, exemplified by the 2024 acquisition of the PCB division of EPI Components Trade in Austria (SEK 35 million transferred annual sales) and the 2026 acquisition of Board Shark PCB in the USA. Customers span ten verticals — Aerospace, Automotive, Datacom, Defense, Industrial, Medical, Power/Energy, Railway, Safety Critical, and Telecom — with a distinct compliance moat in defense (ITAR/EAR/DFAR/MIL-PRF-31032/AQAP 2110) and a proprietary sustainability framework developed with Cranfield University and IMEC covering recyclable, bio-based, and paper-based PCB substrates.
NCAB Group firmographics
Firmographics- Name
- NCAB Group
- Legal name
- NCAB Group Sweden AB
- Website
- https://ncabgroup.com
- Company type
- Public
- Founded year
- 2011
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- NCAB Group is a Swedish, Nasdaq Stockholm-listed PCB sourcing specialist serving OEMs, ODMs, and EMS providers in aerospace, automotive, defense, medical, and industrial sectors across 45 markets through 19 local companies and 35 partner factories.
- Ownership category
- akta.pro rank
Where NCAB Group is headquartered
LocationHeadquarters
- HQ city
- Sundbyberg
- HQ country
- Sweden
- HQ region
- Europe
Offices21 records
Markets served
NCAB Group business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- PCB Manufacturing and Sales: NCAB produces PCBs for demanding customers through a global network of carefully selected partner factories. The company takes full responsibility for the PCB from design to series production, serving customers requiring high quality and on-time delivery. Revenue is generated through the sale of manufactured printed circuit boards.
Go-to-market motion2 records
Distribution channels1 record
Marketing channels7 records
NCAB Group product offering
Product offeringCore offering
NCAB Group manufactures and supplies printed circuit boards (PCBs) for demanding B2B customers through a global network of 35 carefully selected partner factories. The company takes full responsibility for the PCB from design to series production, serving OEMs, ODMs, and EMS providers in high-reliability industries with a portfolio spanning Multilayer, HDI, RF, IMS, Flexible, Rigid-Flex, Semi-Flex, Double Sided, and Heavy Copper PCBs. Complementary services include PCB design support, in-house laboratory testing, and factory management oversight.
Product overview
NCAB Group is a PCB (printed circuit board) manufacturing company operating through a global network of 35 partner factories and 19 companies across 45 markets, serving demanding customers requiring high quality and on-time delivery. The company's product portfolio centers on printed circuit boards across multiple technology segments: Multilayer PCBs for complex applications; HDI (High Density Interconnect) PCBs for miniaturized electronics; RF (Radio Frequency) PCBs for wireless communications; IMS (Insulated Metal Base) PCBs for thermal management; Flexible, Rigid-Flex, and Semi-Flex PCBs for dynamic applications; Double Sided PCBs for standard complexity; and Heavy Copper PCBs for power electronics. The company produces approximately 271 million PCBs per year with approximately 660 specialists providing global coverage. Services include PCB design support with guidelines and tools, factory management to oversee quality at partner facilities, and laboratory testing services. The company serves demanding industries including Aerospace, Automotive, Datacom, Defense, Industrial, Medical, Power/Energy, Railway, Safety Critical, and Telecom.
Differentiator
Problem solved
Functional benefit
Brands
- NCAB Group Lab: Internal laboratory and testing facility operated by NCAB Group for PCB quality assurance and technology development.
- PCB Design+
Products and services
- Multilayer PCBs Multi-layer printed circuit boards with multiple conductive layers for complex electronic applications requiring high circuit density and signal routing flexibility. Sold to enterprise OEMs, ODMs, and EMS providers.
- HDI (High Density Interconnect) PCBs High Density Interconnect PCBs designed for miniaturized electronics with finer line widths and spacing, microvias, and higher connection density for advanced applications. Targeted at enterprise OEMs in demanding industries.
- RF (Radio Frequency) PCBs Specialized PCBs optimized for radio frequency applications requiring controlled impedance, low signal loss, and performance at high frequencies. Sold to enterprise customers in telecom, datacom, and wireless communications.
- IMS (Insulated Metal Base) PCBs Insulated Metal Base PCBs featuring a metal core for superior thermal management in power electronics and LED applications. Sold to enterprise OEMs in power/energy and lighting.
- Flexible PCBs Flex circuits that bend and flex during use, designed for applications requiring movement, space constraints, or three-dimensional packaging. Sold to enterprise OEMs and ODMs.
- Rigid-Flex PCBs Hybrid PCBs combining rigid and flexible sections to provide both structural support and dynamic bending capabilities. Sold to enterprise OEMs in aerospace, medical, and industrial sectors.
- Semi-Flex PCBs
Quantifiable outcome
- 271 million PCBs produced per year
Companies that use NCAB Group
Customer profileNamed customers3 records
Segments10 records
Ideal customer profiles2 records
NCAB Group technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
NCAB Group partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- EPI Components TrademinorNCAB acquired the PCB division of EPI Components Trade in Lieserbrücke, Austria, marking the company's entry into the Austrian market. The acquisition generates annual sales of approximately SEK 35 million, serves industrial customers, and will be managed locally. Prior owner Christian Brugger stayed on. Synergies expected in sourcing, payment terms, and logistics, with PCB sourcing primarily from Slovenia.
Scale indicators5 records
Recent moves5 records
Expansion highlights5 records
NCAB Group competitors and assessment
Company assessmentMarket position
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
NCAB Group social profiles
Digital presenceNCAB Group compliance and trust
Trust signalCompliance9 records
NCAB Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
NCAB Group leadership team
Management profileNumber of profiles
Profiles3 records
NCAB Group subsidiaries and ownership
Company hierarchySubsidiaries11 records
NCAB Group funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
NCAB Group 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 NCAB Group
What does NCAB Group do?
NCAB Group manufactures and supplies printed circuit boards (PCBs) for demanding B2B customers through a global network of 35 carefully selected partner factories. The company takes full responsibility for the PCB from design to series production, serving OEMs, ODMs, and EMS providers in high-reliability industries with a portfolio spanning Multilayer, HDI, RF, IMS, Flexible, Rigid-Flex, Semi-Flex, Double Sided, and Heavy Copper PCBs. Complementary services include PCB design support, in-house laboratory testing, and factory management oversight.
Is NCAB Group a public or private company?
NCAB Group is a public company. It is classified as public and is currently operating.
When was NCAB Group founded?
NCAB Group was founded in 2011. It employs 251 to 500 people.
Where is NCAB Group based?
NCAB Group is headquartered in Sundbyberg, Sweden, in the Europe region.
How does NCAB Group make money?
One revenue line is on record: PCB Manufacturing and Sales.
Does NCAB Group have an API?
No public API is recorded for NCAB Group.