The Carlyle Group has acquired Micropack Pvt Ltd for an undisclosed amount. This transaction marks a significant corporate acquisition, with The Carlyle Group taking full ownership of the Indian PCB manufacturer. Micropack, established in 1984, is a leading producer of professional-grade Printed Circuit Boards in India, known for its quality and reliability across diverse high-reliability applications.
Micropack specializes in a comprehensive range of PCBs, including multilayer, heatsink, and flexi-rigid boards, catering to both production and quick-turnaround prototype requirements. Its extensive clientele spans critical sectors such as Defence, Space, Avionics, Telecom, Medical Electronics, and Industrial Electronics, making it a preferred solution provider for many leading Indian organizations. The company boasts a production capacity of 30,000 square meters per annum and is recognized for meeting stringent customer needs.
This acquisition is strategically aimed at strengthening Micropack's market position and expanding its capabilities. The Carlyle Group's investment is expected to provide Micropack with enhanced resources and strategic guidance, enabling it to further innovate and scale its operations. The synergy between Micropack's deep manufacturing expertise and Carlyle's global network is anticipated to drive growth and operational efficiencies.
Looking ahead, the combined entity is poised to continue serving the evolving demands of India's high-tech manufacturing ecosystem. The acquisition is expected to reinforce Micropack's leadership in the professional PCB market, ensuring continued delivery of high-quality solutions to its critical customer base and supporting advancements in key industrial and defense sectors.