Mekoprint has acquired all activities of Mikkelsen Electronics, a company based in North Zealand, Denmark, which went into bankruptcy during the summer vacation. With this acquisition, customer deliveries are resumed both from Mikkelsen Electronics' factories in Denmark and Serbia as part of the Mekoprint Cables division, which already has production facilities in Poland and Ukraine.
With this merger, over 325 specialists are now employed in the Mekoprint Cables division, where Mikkelsen Electronics particularly contributes expertise in low- and high-pressure molding of both cables and electronics, as well as several agencies within position sensors, ferrites, and special connectors.
When the Danish part of Mikkelsen Electronics in Farum was declared bankrupt earlier in the summer, employees in Denmark were sent home. However, the bankruptcy only affected the Danish part of the company, so the factory in Serbia was able to continue production—but without making customer deliveries. This resulted in several Mikkelsen Electronics customers facing difficulties, and the focus is now on resuming purchasing, production, and deliveries.
With Mekoprint's acquisition and a substantial inventory of finished products in Serbia, customers can now expect to receive their products as soon as possible. In addition to continuing the business for cable assembly and molded solutions, Mekoprint will also continue the development of the company's agencies in areas such as position sensors, coils, and connectors.
Mekoprint Cables specializes in the production of cable and wire assemblies, with existing factories in Poland and Ukraine, and Mikkelsen Electronics' activities will be integrated into this division. Mikkelsen Electronics serves a wide range of both smaller and larger companies with cable and wire assemblies and components, which both customer- and product wise complement the Mekoprint Cables division, primarily focused on medium and large companies.
The acquisition of Mikkelsen Electronics' activities also fits well into Mekoprint's development strategy, with a larger engineering team at Mikkelsen Electronics providing new opportunities for collaboration with customers on product design and cost optimization.
