German-Japanese partnership for East European growth
23.01.2007
Japanese group Kaga Electronics Co. purchases 22 percent share in Elatec
Munich, January 23, 2007 – The publicly traded Japanese Kaga Electronics group has acquired a 22 percent share in the German company Elatec GmbH. Both companies are specialised distributors of electronic components. The move aims to strengthen their activities in the fast-growing East European market where Elatec has been operating successfully for a number of years and has excellent contacts.
