I-care Group acquires Cepya Electronics and strengthens its position as world leader in Industry 4.0
Mons, 27 September 2023 – I-care Group, world leader in machine health, announces the acquisition of Cepya Electronics, which specialises in the development and production of electronic cards. I-care intends to double Cepya Electronics’ production capacity and thus become Belgium’s leading manufacturer of industrial connected objects. With this 6th acquisition in 6 years, I-care confirms its vertical integration strategy and strengthens its position as world leader in industrial digital transformation.
Cepya Electronics was founded in 2014 in Assesse, in the province of Namur. With a high level of expertise, the company has been specialising for almost 10 years in the development and production of electronic cards, an essential component in the digital transformation of industries.
By acquiring one of its preferred suppliers, I-care group is confirming its vertical integration strategy. This investment will give it greater control over the production chain. The acquisition of Cepya Electronics is the group’s sixth in 6 years and also consolidates its position as a world leader in Industry 4.0, more specifically in industrial digital transformation.
I-care Group plans to invest a further €2 million in Cepya Electronics. The aim is to double production capacity and become Belgium’s leading manufacturer of industrial connected objects (IIOTs).
“More than just a strategic partner, Cepya Electronics has extensive expertise in the production of one of the key components of digital transformation,” says Fabrice Brion, CEO of I-care Group. “Strengthening its development within our Group is an essential step in supporting the reindustrialisation of Europe and moving towards the Chips Act objective, which is to achieve a 20% market share in the electronic chips sector by 2030”.
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