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BB Electronics expands into Eastern Europe via acquisition

Wendell has about 130 employees and reported revenues of EUR 12.5 million in 2018. The Danish company currently has approximately 550 employees combined in their factories in Horsens, Denmark and China. “With the location in Eastern Europe we can, to an even greater extent, meet our European customers’ needs for flexibility, box-build production and better logistics. We will be able to service both existing and new customers with a competitive solution that meets their sales markets, preferably supplemented by direct distribution to their customers. With set-ups in Denmark, China and the Czech Republic, we can offer an even stronger platform with a flexible and broad offer for choosing production sites for our customers,” says BB Electronics CEO, Carsten Christensen. Wendell Electronics is a family-owned company, established in 2002, that has had solid growth in recent years with a doubling of revenue from 2015 to 2018. - Evertiq -

 

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