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KIT: Kitron to invest in a new factory in Horsens, Denmark

KITSelskabsmeddelelse01.09.2026, 16.00
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(2026-09-01) Kitron plans to build a new factory for its Danish operations in
Horsens, Denmark. The investment is needed to accommodate expected growth in the
coming years, driven by growth from new and existing customers in demand for
localized production with strong industrialization capabilities.

"The investment is a long-term commitment to Denmark and a clear signal that
strong local capability will drive our growth in the Industry, Connectivity and
other regulated, high reliability areas," says Peter Nilsson, Kitron's President
and CEO.

Kitron will own the new facility, which will have a gross area of 8,850 square
meters. It will replace the current site in Horsens, where Kitron's Danish
operation is housed today.

"The site is designed for our manufacturing needs, with a better layout that
will bring improved efficiency and optimised workflows. It will also be ready
for new business in regulated, high reliability areas, and the requirements that
come with these customers will, in the end, benefit all our customers," says
Jimi Klitholm Sandgreen, Managing Director of Kitron Denmark.

Construction is expected to begin in January 2027, with the facility to be ready
for operation in early 2028. The plans also call for a significant staff
expansion, from approximately 150 employees today to around 250 when the new
factory is fully utilised.

For further information, please contact:

Peter Nilsson, President and CEO, tel: +47 948 40 850
Jimi Klitholm Sandgreen, MD Kitron Denmark, tel: +45 2627 5576

Email: ir@kitron.com (mailto:ir@kitron.com)

Kitron is a leading Scandinavian electronics manufacturing services company for
the Connectivity, Electrification, Industry, Medical Devices and
Defence/Aerospace sectors. The group has operations in Norway, Sweden, Denmark,
Lithuania, Germany, Poland, the Czech Republic, India, Malaysia, China and the
United States. Kitron has over 3000 employees, and revenues were EUR 738 million
in 2025.

www.kitron.com (https://www.kitron.com)
es were EUR 738 million\
in 2025.\
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