# GPV acquires Swiss EMS company CCS Group

Danish EMS provider GPV acquired Swiss-based CCS Group, lifting GPV's revenue to about EUR 350 million and creating a combined workforce of 3,700 employees. The acquisition strengthens GPV's position in the HMLV EMS segment.

- Type: Acquisition
- Announced: 2018-10-31
- Where: Switzerland
- Status: completed
- Products: electronics sub-assembly, box-build products, cable-harness, mechatronics
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Schouw & Co.](https://endata.com/companies/4083.md) (partner)
- [GPV](https://endata.com/companies/17936.md) (acquirer)
- [CCS Group](https://endata.com/companies/35237.md) (target)

## Sources

- [evertiq.com](https://evertiq.com/news/45055), 2018-10-31: "At the beginning of 2018, we announced a new and ambitious growth plan for GPV with a revenue target of DKK 2.5 billion by 2022. Things have evolved faster than we had expected, and now, we have signed an agreement to acquire CCS."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.