BizLink Holding Inc. is expanding its European footprint with the acquisition of Swiss high-voltage cable manufacturer Alpha Elektrotechnik AG for 24.3 million Swiss francs ($27 million).
The Taiwanese cable and wire harness maker said the all-cash transaction, expected to close in the second quarter, will bring Alpha’s railway vehicle business unit into its portfolio. Alpha, spun off from Switzerland’s Pfiffner Group, specializes in high-voltage cable solutions for high-speed trains and various rail transportation vehicles.
The deal follows BizLink’s September acquisition of Eastern Europe’s Easys s.r.o. for 51.5 million euros ($55 million), which strengthened its semiconductor equipment business.
BizLink reported record financial results for 2024, with revenue reaching NT$54.08 billion ($1.7 billion), up 5.9% year-over-year. Net profit attributable to the parent company surged 89.7% to NT$4.4 billion ($139 million), with earnings per share of NT$25.41.
Chairman Liang Hua-che cited strong demand in high-performance computing and semiconductor equipment segments as key growth drivers. Unlike previous years when the company maintained a “cautiously optimistic” outlook, Liang expressed unqualified optimism for 2025, driven by AI-related business growth and semiconductor equipment investments.
