What smart money is saying about NCAB Group AB
1 fund in our archive has pitched NCAB Group AB — most recently Protean in February 2026.
NCAB Group AB (publ) manufactures and sells printed circuit boards (PCBs) worldwide. The company offers multilayer, high-density interconnect, radio frequency, insulated metal base, flexible, rigid-flex, semi-flex, and double sided PCBs. The company serves aerospace and defense, automotive, datacom, industrial, medical, power and energy, railway, safety-critical, and telecom industries. NCAB Group AB (publ) was founded in 1993 and is headquartered in Bromma, Sweden.
Position history
Between Q1 2026 and Q2 2026, 1 fund letter reported a position in NCAB Group AB — 1 trimmed or exited.
| Quarter | Letters | Bought | Sold | Theses |
|---|---|---|---|---|
| Q2 2026 | 1 | 0 | 1 | 0 |
| Q1 2026 | 0 | 0 | 0 | 1 |
Fund activity · 1 position · 1 move
- April 2026
“To make room for these additions, NCAB has exited the portfolio following very strong year-to-date performance.”
Read the letterNCAB Group AB
Fund coverage · 1 thesis
- ProteanFebruary 2026
NCAB Group AB runs an asset-light PCB sourcing model that generates strong cash flow for consolidation, with growth resuming after a prolonged slowdown.
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