Page 18 - EngineerIT December 2021

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ICAPE Group enters the

South African market with the

acquisition of the TraX Group

After building more than 25 business units around the world in Europe, Asia and the Americas,

ICAPE Group now enters the African continent with the acquisition of TraX Interconnect, a
medium size printed circuit board factory, in South Africa. The French based company also
launched ICAPE South Africa based on TraX Offshore Manufacturing to develop its technical
trading activities around this project.

ICAPE Group continues its expansion best suppliers in Asia to supply its and prospects’ needs with the highest
in the PCB world with an ambitious customers with electronic products efficiency”, said Cyril Calvignac, CEO
project. For the fourth time in 2021, and ensures a full range of services of ICAPE Group.
ICAPE Group welcomes a new with our headquarters in China. When
company in its organisation but for the the sales activities are growing in a Following this strategy, discussions
first time in its history (the company country, we establish a business unit with TraX Group were started and all
was founded in 1999 by Thierry and build a team to manage the the players from both companies
Ballenghien), the project includes a projects with the closest proximity. quickly realised that they had much
PCB factory. Recently, the company experienced to achieve together, as explained by
massive growth in business volumes, Thomas Chea, Vice President Asia of
The business model of ICAPE Group and we decided to study several ICAPE Group: “ICAPE Group started
is clear and smart: “Thanks to its projects, such as mergers and serving the South African market
expertise, ICAPE Group sources the acquisitions, to meet our customers several years ago. Over the years, we

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