Acquisition of Adelco Elektronik GmbH
Effective 1 November 2015, Lacon Group's Lacon Euroconnectors division has now acquired the business of Adelco Elektronik GmbH.
Based in Quickborn, Adelco Elektronik GmbH is an established distributor of electronic components. After 50 years in the business, founder and managing director Jörg Hesse is now retiring from the electronics industry.
The acquisition means all Adelco orders will now be fulfilled by Lacon.
As such, Lacon's already broad portfolio will expand to include products from Mallory, Lumes and Convergy.
Lacon Electronics CEO Ralf Hasler enthusiastically describes the successful deal: "With Adelco, we're strengthening our presence in northern Germany and integrating the newly-acquired product lines seamlessly into our distribution business."
It's a good fit for the strategic model of the specialist distributor from Bavaria: increasing market presence while steadily expanding the product portfolio.