NOTE grows further with new customer in Greentech
NOTE has signed a collaboration agreement with Ferroamp, a listed fast-growing Greentech company offering energy and power optimisation solutions for properties. NOTE will manufacture the company's EnergyHub, the brain of the smart system that integrates renewable energy, electric vehicles and energy storage linked to property electricity grids. Series production is expected to start in Q4 this year at NOTE's plants in Norrtälje and Pärnu. There are good prospects that the collaboration with Ferroamp will progress favourably in volume terms.
”NOTE is still progressing strongly, with very high growth and increased profitability. A key success factor is our methodical focus on developing high quality and delivery precision in our services. It's gratifying that we've also gained confidence and won this exciting new deal with Ferroamp.”, says Johannes Lind-Widestam, President and CEO.
”The collaboration with NOTE is an important step in our continued industrialisation of the company, as we move from being production-driven to scalable volume production. The agreement with NOTE, which is a well-established player in electronics manufacturing, gives us the potential to grow the company forward, both nationally and internationally.”, says Krister Werner, CEO of Ferroamp.
For further information, please contact:
Johannes Lind-Widestam, President and CEO, tel. 070-541 72 22
Henrik Nygren, Chief Financial Officer, tel. 070-977 06 86
About NOTE
NOTE is one of northern Europe's leading partners for electronics manufacturing. NOTE manufactures printed circuit boards (PCBA), sub-assemblies and complete products (box build). Its customer offering covers the whole product lifecycle, from design to after-sales. NOTE is established in Sweden, Finland, the UK, Estonia, Bulgaria and China. Sales in the last 12 months were SEK 3,687 million and the group has some 1,400 employees. NOTE is listed on Nasdaq Stockholm. For more information, please visit www.note-ems.com.
The information was submitted for publication on 2 September 2021 at 08.30 CET.