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Events / Business / Kimball_Electronics acquires...
Business acquisition

Kimball_Electronics acquires Helvoet_Polymer_Technologies_B.V.

Analysis based on 7 articles · First reported Jul 01, 2026 · Last updated Jul 01, 2026

Sentiment
60
Attention
4
Articles
7
Market Impact
General
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Market Impact

The acquisition of Helvoet Polymer Technologies B.V. by Kimball Electronics is expected to be accretive to Kimball Electronics' fiscal 2027 adjusted earnings, increasing sales in its medical vertical. This strategic move expands Kimball Electronics' global footprint in the medical Contract Manufacturing Organization market, potentially leading to increased revenue and market share.

Electronics Manufacturing Services Medical Devices Healthcare
Event Summary

Kimball Electronics announced the acquisition of Helvoet Polymer Technologies B.V., a European-based Contract Development and Manufacturing Organization specializing in microfluidics, diagnostics, and drug delivery, for €90 million (approximately $103 million). This acquisition is a strategic move for Kimball Electronics to establish a global medical Contract Manufacturing Organization platform, strengthening its presence in Europe and gaining access to the India market. The transaction is expected to be accretive to Kimball Electronics' fiscal 2027 adjusted earnings and will increase sales in its medical vertical. Helvoet Polymer Technologies B.V., previously a subsidiary of Hydratec Industries, will continue to operate under its current leadership, leveraging Kimball Electronics' resources to expand its U.S. presence.

Key Actions
100 Kimball Electronics acquired Helvoet Polymer Technologies B.V.
70 Kimball Electronics funded acquisition
50 Richard D. Phillips stated
40 Eveline Hogenkamp added
10 SP Angel Corporate Finance served as advisor Helvoet Polymer Technologies B.V.
10 GHO Capital Partners served as advisor Kimball Electronics
Entities Involved
stock
Kimball Electronics
Kimball Electronics acquired Helvoet Polymer Technologies B.V. for €90 million, expanding its global medical Contract Manufacturing Organization platform and strengthening its presence in Europe and India. This acquisition is expected to be accretive to its fiscal 2027 adjusted earnings.
Importance 100.0 Sentiment 70.0
priv
Helvoet Polymer Technologies B.V.
Helvoet Polymer Technologies B.V. was acquired by Kimball Electronics, allowing it to scale its U.S. presence and win larger programs by leveraging Kimball Electronics' Indianapolis facility and customer relationships. It will continue to be led by its current leadership team.
Importance 90.0 Sentiment 60.0
per
Richard D. Phillips
Richard D. Phillips, CEO of Kimball Electronics, commented on the acquisition, highlighting its strategic importance for expanding Kimball Electronics' medical Contract Manufacturing Organization capabilities and global presence.
Importance 50.0 Sentiment 60.0
per
Eveline Hogenkamp
Eveline Hogenkamp, CEO of Helvoet Polymer Technologies B.V., expressed excitement about the acquisition by Kimball Electronics, seeing it as a critical step to take the business to the next level and scale its U.S. presence.
Importance 40.0 Sentiment 60.0
stock
Hydratec Industries
Hydratec Industries was the previous wholly-owned subsidiary of Helvoet Polymer Technologies B.V. before its acquisition by Kimball Electronics.
Importance 10.0 Sentiment 0.0
priv
SP Angel Corporate Finance
SP Angel Corporate Finance served as the lead financial advisor to Helvoet Polymer Technologies B.V. in the acquisition.
Importance 10.0 Sentiment 0.0
priv
GHO Capital Partners
GHO Capital Partners served as the exclusive financial advisor to Kimball Electronics in the acquisition.
Importance 10.0 Sentiment 0.0
cnt
Netherlands
Helvoet Polymer Technologies B.V. is based in the Netherlands, with manufacturing facilities in Tilburg, Netherlands.
Importance 5.0 Sentiment 0.0
cnt
United States
Kimball Electronics is headquartered in Jasper, Indiana, United States, and plans to leverage its Indianapolis facility to accelerate growth in the U.S. market for the combined business.
Importance 5.0 Sentiment 0.0
cnt
India
Helvoet Polymer Technologies B.V. has operations and manufacturing facilities in Pune, India, expanding Kimball Electronics' presence in the Indian market.
Importance 5.0 Sentiment 0.0
Relationships
GHO Capital Partners related ↔ United States
Netherlands related ↔ United States
Netherlands related ↔ India
United States strategic partner ↔ India The United States considers India a key geopolitical partner and major trade destination in Asia, investing heavily in i
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