KB Components has acquired JBJ Technology, located in Noida, just southeast of New Delhi, India. The acquired company has a turnover of approximately 130 MSEK and employs around 500 people. Its customer base includes companies within the general industry and automotive sectors.
Through this acquisition, KB Components gains access to a high-growth market and establishes a presence in India. The acquisition also enables synergies with global customers and strengthens KB Components’ position as a global supplier of innovative polymer solutions.
“This acquisition is an important step for KB Components as we continue to expand our global footprint. India represents a significant growth opportunity, and we are excited to work closely with our new colleagues and customers.” says Stefan Andersson, CEO of KB Components.
The deal is being consolidated as of today.