Mechelen-based PCB manufacturer Eurocircuits has forged a strategic alliance with Avedon Capital Partners, a private equity investor active in the Benelux and the German-speaking region. The partnership will support the EMS provider in accelerating its next phase of growth. Avedon and the founders of the Eurocircuits Group have jointly established a new holding company, under which all group companies are fully owned. The parties won’t comment on shareholdings or transaction values.
Founded in 1991, Eurocircuits manufactures printed circuit boards (PCB) and printed circuit board assemblies (PCBA), specializing in prototyping and low-volume production. It serves more than 15,000 customers across Europe and India, from design validation through manufacturing and assembly. The company employs over 750 people across its operations and engineering teams, with production facilities in Germany, Hungary and India, and additional engineering and customer support activities across several European countries.
Based in Amsterdam and Düsseldorf, Avedon will support Eurocircuits in further strengthening its market position, scaling its digital and technological capabilities, including the targeted application of AI across the organization, and continuing to invest in people, systems and processes. The partnership is intended to provide strategic and financial backing for sustainable, long-term growth, while allowing the founders and management team to remain closely involved in steering the company. The transaction is expected to close by the second quarter of 2026.
