From multi-branch company to streamlined EMS provider
The roots of Incap go back in the history all the way to 1985, when company was registered into trade register with the name Teknoinvest. The company named “Incap” was born in 1992 through the merger of three development companies. The company was developed further during 90’s and it was listed on the Helsinki Exchanges in spring 1997.
In year 2000, a subsidiary Incap Electronics Estonia OÜ was established in Kuressaare, Estonia, continuing the operations of an electronics factory acquired from Altron OÜ. Incap established a sales office in 2006 in Delhi, India and in April the following year Incap already had a subsidiary Incap Contract Manufacturing Pvt. Ltd. in Bangalore. Soon after this Incap acquired the contract manufacturing unit of TVS Electronics Ltd. located in Tumkur and the operations were transferred over to Incap as from 1 June 2007. In 2011, Incap established an own purchasing office in Hong Kong, near the leading material and component sources.
During 2000’s Incap has streamlined its operations to correspond the strategic focus of the company. The operations and production from Finland have been transferred to Incap’s Estonian and Indian factories or divested. This has enabled the current strategy to focus solely on electronic manufacturing services and organic growth.