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IKOR

Full company profile

uuid000tu7h

Namestring
IKOR
Legal namestring
Connect Group NV
Websiteurl
ikor.es
Company typeenum
Private
Founded yearint
1981
Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
501–1,000
akta.pro rankint
HeadquartersSan Sebastian, Spain
HQ citystring
San Sebastian
HQ countrystring
Spain
HQ regionstring
Europe
Markets served

Serves global market

Offices2 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
electronics manufacturing services, PCB assembly, cable assembly, module building, industrial electronics
Industry3 codes
1Industrial Electronics Manufacturing Services (EMS)
CodeIMAGAGAAPrimaryYes
2Embedded & HMI Electronics Manufacturing (Industrial PCs, HMIs, Panel PCs)
CodeIMAGAGADPrimaryNo
3Process Control & Automation Electronics Manufacturing Services (PLCs, I/O, DCS/SCADA hardware)
CodeIMAGAGAKPrimaryNo
NAICS code2 codes
  • Printed Circuit Assembly (Electronic Assembly) Manufacturing334418
  • All Other Electrical Equipment and Component Manufacturing33599
SIC code1 code
  • Electronic & Other Electrical Equipment (No Computer Equip)3600
Product category
Electronics Manufacturing Services
Social media profiles2 records
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model1 record
1Electronics Manufacturing Services
TypeHardware Sales
Description

Full-service EMS subcontractor providing PCB assembly, cable assembly, and module building services. Revenue generated through manufacturing services for industrial and professional industries, converting customer designs into finished technological products.

connectgroup.com
Marketing channels2 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels1 record

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Personnel, Operations, Supply Chain, Infrastructure, Technology or R&D, Marketing or Sales
GTM typeB2B
B2B
Offering typeServices
Services
Core offering1 text field

IKOR operates as an Electronics Manufacturing Services (EMS) subcontractor supporting industrial and professional companies to convert their product designs into finished technological products. Core offerings include PCB Assembly, Cable Assembly, Module Building, a Technology Center for engineering and prototyping (including adaptive coating for complex electronics), and a Proto Portal for fast prototyping. The company delivers these services through a network of production sites in eight countries and sales offices in five countries.

Differentiator
Functional benefit
Problem solved
Product overview1 text field

Connect Group operates as an Electronics Manufacturing Services (EMS) subcontractor offering a portfolio of integrated manufacturing services. The core offerings include PCB Assembly (reliability-focused circuit board manufacturing), Cable Assembly (from single cables to complex wiring harnesses), Module Building (integration of cables, electronics, and mechanics), and a Technology Center providing R&D and innovation support. Fast Prototyping through the Proto Portal enables rapid prototype development. The company serves industrial markets including Railway, Healthcare, Infrastructure, Automotive & Off-road, Industry, and Defense & Avionics sectors.

Product and service5 records
1PCB Assembly
CategoryElectronics Manufacturing Services
Description

Electronics manufacturing service providing printed circuit board assembly with reliability-focused manufacturing processes, offered to industrial and professional customers.

2Cable Assembly
CategoryElectronics Manufacturing Services
Description

Manufacturing of cables ranging from single cables to complex wiring harnesses for industrial and professional applications.

3Module Building
CategoryElectronics Manufacturing Services
Description

Integration service combining cables, electronics, and mechanics into complete functional modules for industrial customers.

4Technology Center (CTC)
CategoryEngineering and Prototyping Services
Description

Research, engineering, and prototyping facility providing technology expertise and innovation support for product development, including adaptive coating for complex electronics manufacturing.

5Proto Portal (Fast Prototyping)
CategoryEngineering and Prototyping Services
Description

Rapid prototyping service enabling quick turnaround from design to prototype for product development.

Scale indicator5 records

Each record includes

Type, Value, Description, Source

Recent move5 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
1Norautron (Note Group)
TypeRegional player
Description

Norwegian EMS (part of Note AB) focused on industrial electronics manufacturing with Scandinavian customer base. Comparable EMS scope, with primarily Nordic rather than Benelux/Central European geographic focus.

2Scanfil Oyj
TypeDirect peer
Description

Finnish EMS and contract manufacturer with a similar multi-country European and Asian footprint, serving industrial, energy, automotive and medical customers. Comparable in scale, vertical diversification, and full-service EMS scope.

3Inission AB
TypeDirect peer
Description

Nordic-based industrial EMS offering custom electronics, cable harnesses and box-build across the Nordics and Central Europe. Closely matches Ikor's cable-to-module integration model and focus on industrial / professional customers.

4Note AB
TypeDirect peer
Description

Swedish mid-market EMS provider offering PCB assembly, cable harnessing and box-build services across multiple European and Chinese production sites. Closely comparable to Connect Group/Ikor in scale, end-market mix (industrial, medtech, defense), and full-service positioning.

5AEMtec GmbH
TypeEmerging player
Description

Berlin-based specialist in micro-electronics and opto-electronics assembly for industrial, medical and defense applications. Smaller and more specialized, but competes for niche high-mix industrial EMS programs.

6Sanmina Corporation
TypeBroad incumbent
Description

Global EMS with PCB, cable and integration capabilities serving industrial, defense and medical customers. A broader incumbent competing for the same regulated-vertical EMS work.

7Kitron ASA
TypeDirect peer
Description

Norwegian-headquartered EMS with European and US production serving defense, energy, automotive and industrial customers. Comparable multi-vertical, multi-site EMS model with similar end-market mix.

8Hanza AB
TypeDirect peer
Description

European contract manufacturer with PCB assembly, mechanics, cable and module-building capabilities across multiple European sites. Directly competes for the same industrial, automotive and defense EMS contracts as Connect Group/Ikor.

9Flex Ltd.
TypeBroad incumbent
Description

One of the largest global EMS providers, with extensive European industrial and automotive manufacturing operations. A broad incumbent competing for the same Tier 1 industrial/defense contracts but at significantly greater scale.

10Celestica Inc.
TypeBroad incumbent
Description

Large-scale global EMS serving aerospace & defense, industrial and communications end markets. Larger and broader than Ikor, but overlaps in industrial/defense PCB assembly and full-system integration.

Market position
Strengths4 records

Each record includes

Headline, Details, Source

Weaknesses4 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers1 record

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment6 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile3 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature4 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles1 record

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
Compliance1 record

Each record includes

Name, Class, Description

Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

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

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

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

IKOR

Electronics Manufacturing Servicesikor.es

IKOR firmographics

Firmographics
Name
IKOR
Legal name
Connect Group NV
Website
https://ikor.es
Company type
Private
Founded year
1981
Operating status
Operating
Headcount range
501–1,000 employees
Ownership category
akta.pro rank

IKOR industry classification

Industry
Product category
Electronics Manufacturing Services
NAICS
Printed Circuit Assembly (Electronic Assembly) Manufacturing (334418), All Other Electrical Equipment and Component Manufacturing (33599)
SIC
Electronic & Other Electrical Equipment (No Computer Equip) (3600)
akta.pro primary industry
Industrial Electronics Manufacturing Services (EMS) (IMAGAGAA)
akta.pro secondary industries
Embedded & HMI Electronics Manufacturing (Industrial PCs, HMIs, Panel PCs) (IMAGAGAD), Process Control & Automation Electronics Manufacturing Services (PLCs, I/O, DCS/SCADA hardware) (IMAGAGAK)

Keywords

  • Electronics manufacturing services
  • PCB assembly
  • Cable assembly
  • Module building
  • Industrial electronics

Where IKOR is headquartered

Location

Headquarters

HQ city
San Sebastian
HQ country
Spain
HQ region
Europe

Offices2 records

Markets served

IKOR business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Personnel, Operations, Supply Chain, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

  1. Electronics Manufacturing Services: Full-service EMS subcontractor providing PCB assembly, cable assembly, and module building services. Revenue generated through manufacturing services for industrial and professional industries, converting customer designs into finished technological products.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

IKOR product offering

Product offering

Core offering

IKOR operates as an Electronics Manufacturing Services (EMS) subcontractor supporting industrial and professional companies to convert their product designs into finished technological products. Core offerings include PCB Assembly, Cable Assembly, Module Building, a Technology Center for engineering and prototyping (including adaptive coating for complex electronics), and a Proto Portal for fast prototyping. The company delivers these services through a network of production sites in eight countries and sales offices in five countries.

Product overview

Connect Group operates as an Electronics Manufacturing Services (EMS) subcontractor offering a portfolio of integrated manufacturing services. The core offerings include PCB Assembly (reliability-focused circuit board manufacturing), Cable Assembly (from single cables to complex wiring harnesses), Module Building (integration of cables, electronics, and mechanics), and a Technology Center providing R&D and innovation support. Fast Prototyping through the Proto Portal enables rapid prototype development. The company serves industrial markets including Railway, Healthcare, Infrastructure, Automotive & Off-road, Industry, and Defense & Avionics sectors.

Differentiator

Problem solved

Functional benefit

Products and services

  • PCB Assembly Electronics manufacturing service providing printed circuit board assembly with reliability-focused manufacturing processes, offered to industrial and professional customers.
  • Cable Assembly Manufacturing of cables ranging from single cables to complex wiring harnesses for industrial and professional applications.
  • Module Building Integration service combining cables, electronics, and mechanics into complete functional modules for industrial customers.
  • Technology Center (CTC) Research, engineering, and prototyping facility providing technology expertise and innovation support for product development, including adaptive coating for complex electronics manufacturing.
  • Proto Portal (Fast Prototyping) Rapid prototyping service enabling quick turnaround from design to prototype for product development.

Companies that use IKOR

Customer profile

Named customers1 record

Segments6 records

Ideal customer profiles3 records

IKOR technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature4 records

IKOR partnerships and signals

Strategic signal

Scale indicators5 records

Recent moves5 records

Expansion highlights5 records

IKOR competitors and assessment

Company assessment

Regional players

  • Norautron (Note Group): Norwegian EMS (part of Note AB) focused on industrial electronics manufacturing with Scandinavian customer base. Comparable EMS scope, with primarily Nordic rather than Benelux/Central European geographic focus.

Direct peers

  • Scanfil Oyj: Finnish EMS and contract manufacturer with a similar multi-country European and Asian footprint, serving industrial, energy, automotive and medical customers. Comparable in scale, vertical diversification, and full-service EMS scope.
  • Inission AB: Nordic-based industrial EMS offering custom electronics, cable harnesses and box-build across the Nordics and Central Europe. Closely matches Ikor's cable-to-module integration model and focus on industrial / professional customers.
  • Note AB: Swedish mid-market EMS provider offering PCB assembly, cable harnessing and box-build services across multiple European and Chinese production sites. Closely comparable to Connect Group/Ikor in scale, end-market mix (industrial, medtech, defense), and full-service positioning.
  • Kitron ASA: Norwegian-headquartered EMS with European and US production serving defense, energy, automotive and industrial customers. Comparable multi-vertical, multi-site EMS model with similar end-market mix.
  • Hanza AB: European contract manufacturer with PCB assembly, mechanics, cable and module-building capabilities across multiple European sites. Directly competes for the same industrial, automotive and defense EMS contracts as Connect Group/Ikor.

Emerging players

  • AEMtec GmbH: Berlin-based specialist in micro-electronics and opto-electronics assembly for industrial, medical and defense applications. Smaller and more specialized, but competes for niche high-mix industrial EMS programs.

Broad incumbents

  • Sanmina Corporation: Global EMS with PCB, cable and integration capabilities serving industrial, defense and medical customers. A broader incumbent competing for the same regulated-vertical EMS work.
  • Flex Ltd. One of the largest global EMS providers, with extensive European industrial and automotive manufacturing operations. A broad incumbent competing for the same Tier 1 industrial/defense contracts but at significantly greater scale.
  • Celestica Inc. Large-scale global EMS serving aerospace & defense, industrial and communications end markets. Larger and broader than Ikor, but overlaps in industrial/defense PCB assembly and full-system integration.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

IKOR social profiles

Digital presence

IKOR compliance and trust

Trust signal

Compliance1 record

IKOR financial estimates

Financial estimate

Revenue estimate

Valuation estimate

IKOR leadership team

Management profile

Number of profiles

Profiles1 record

IKOR funding detail

Funding detail

Funding overview

Funding rounds

Investors

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

IKOR M&A and investment

M&A and investment

M&A

Investments

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

Frequently asked questions about IKOR

What does IKOR do?

IKOR operates as an Electronics Manufacturing Services (EMS) subcontractor supporting industrial and professional companies to convert their product designs into finished technological products. Core offerings include PCB Assembly, Cable Assembly, Module Building, a Technology Center for engineering and prototyping (including adaptive coating for complex electronics), and a Proto Portal for fast prototyping. The company delivers these services through a network of production sites in eight countries and sales offices in five countries.

Is IKOR a public or private company?

IKOR is a private company. It is classified as unknown and is currently operating.

When was IKOR founded?

IKOR was founded in 1981. It employs 501 to 1,000 people.

Where is IKOR based?

IKOR is headquartered in San Sebastian, Spain, in the Europe region.

How does IKOR make money?

One revenue line is on record: electronics Manufacturing Services.

Who are IKOR's main competitors?

Norautron (Note Group) is listed as a regional player. Direct peers are Scanfil Oyj, Inission AB, Note AB, Kitron ASA and Hanza AB. AEMtec GmbH is listed as an emerging player. Broad incumbents are Sanmina Corporation, Flex Ltd. and Celestica Inc..

Does IKOR have an API?

No public API is recorded for IKOR.

What industry is IKOR in?

IKOR's product category is Electronics Manufacturing Services. Its primary akta.pro industry code is IMAGAGAA, Industrial Electronics Manufacturing Services (EMS), with a secondary code of IMAGAGAD, Embedded & HMI Electronics Manufacturing (Industrial PCs, HMIs, Panel PCs). Its NAICS code is 334418 and its SIC code is 3600.

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