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- ICAPE Group Ends Its Operations In Russia
ICAPE Group Ends Its Operations in Russia
16 Jan 2023 17:54 CET
Issuer
ICAPE HOLDING S.A.
Regulatory News:
ICAPE Group (ISIN code: FR001400A3Q3 - mnemonic: ALICA) (Paris:ALICA), a global technology distributor of printed circuit boards, today announces that it is disengaging from Russia.
ICAPE Group decided to terminate its operations based in Russia and to stop taking orders since January 1st, 2023. Negotiations on the conditions of exit of its assets have been initiated and should be concluded as soon as possible. This withdrawal will not have a significant impact on the Group's revenue and results, either in 2022 or beyond.
About ICAPE Group
Founded in 1999, ICAPE Group acts as a key technological expert in the PCB supply chain. With a global network of 30 subsidiaries and a major presence in China, where most of the world’s PCB production is done, the Group is a one-stop-shop provider for the products and services which are essentials for customers. In 2021, ICAPE Group generated consolidated revenue of €169 million.
For more information: www.icape-group.com
View source version on businesswire.com: https://www.businesswire.com/news/home/20230116005444/en/
ICAPE Group
CFO
Shora Rokni
Tel: +33 1 58 18 39 10
investor@icape.fr
Investor Relations
NewCap
Nicolas Fossiez
Louis-Victor Delouvrier
Tel: +33 1 44 71 94 98
icape@newcap.eu
Media Relations
NewCap
Arthur Rouillé
Antoine Pacquier
Tel: +33 1 44 71 94 94
icape@newcap.eu
Source
ICAPE GROUP
Provider
BusinessWire
Company Name
ICAPE HOLDING
ISIN
FR001400A3Q3
Symbol
ALICA
Market
Euronext Growth