Cabcongroup becomes a part of Milexia Group
As summer unfolds and many industries enjoy a well-deserved break, Cabcongroup is charging ahead with exciting developments. The company is pleased to announce its integration into Milexia Group, marking a significant milestone.
On June 24th, 2024, Cabcongroup, a leading Scandinavian distributor of passive and electromechanical components and cable harness solutions for the electronics industry, was acquired by Milexia Group. This strategic partnership is a part of Milexia’s broader vision to expand their market reach by enhancing their capacity to serve customers’ offerings across Europe and Asia.
A new chapter for Cabcongroup
Established in 2003, Cabcongroup is a Scandinavia- based supplier of passive, electromechanical components, and cable harness for the global industry. They pride themselves on being a design partner, and with experienced staff and a strong supplier base, they help customers to optimize processes and develop advanced technology for a sustainable future.
Brian Dehlsen, CEO of Cabcongroup, says: “Over the past 20 years, we have established Cabcongroup as a significant value-added distributor with the main focus on end customers in Denmark, Sweden and Norway. We are now ready to elevate Cabcongroup to the next level, and we see an excellent synergy in joining Milexia. We are enthusiastic about becoming part of Milexia Group and are eager to continue our growth journey together. “
With operational bases in Denmark, Norway, Sweden, and Hong Kong, and plans to extend their reach to Finland and Poland, Cabcongroup is known for its close collaboration with customers and suppliers, striving to provide the best solution for the given application. As they expand by entering the Finnish market, Cabcongroup are looking forward to introducing their new Account Manager in Finland very soon.
Milexia Group, a leader in the distribution
Founded in 1971, Milexia Group is one of the world’s leading European suppliers for high-quality electronic components, systems, and scientific instruments technology. With headquarters and operations in France, Italy, Spain, the United Kingdom, and Germany, Milexia provides customized installation, training, and maintenance solutions for a wide range of industries, including defense, space, transportation, Satcom, scientific instrumentation, and other civil industries.
Xavier Gaillard, CEO of Milexia Group, says, “We are thrilled to welcome the talented Cabcongroup team to Milexia. Thanks to their commitment, they have developed a global network of selected best- in- class manufacturers to provide local support and global delivery. Initiated several years ago, the goal of Milexia’s strategy is to be positioned as the leader of the value-added distribution of electronic components and systems in Europe. By joining forces with Cabcongroup, we expand Milexia’s European footprint and are able to respond more broadly to the expectations of our customers and suppliers in the entire Nordics region.”
This acquisition marks the beginning of a pivotal new chapter in Cabcongroup’s evolution. The company is poised to significantly enhance their presence worldwide while pursuing continued growth and development. Cabcongroup invite you to stay engaged as they embark on this exciting journey and look forward to sharing further updates on the progress.
Visit our LinkedIn to stay updated on our journey with Milexia: https://www.linkedin.com/company/cabcongroup