27 Nov '17, 12pm

#Preh acquires #powerelectronics company #ePower from Kongsberg Automotive

Preh acquires power electronics company ePower from Kongsberg Automotive 27 November 2017 Global automotive supplier Preh GmbH is acquiring ePower, a business unit of Kongsberg Automotive ASA in Norway. ePower Nordic AB was established in 2011 by Kongsberg Automotive and Swedish electronics company QRTECH to excel in the field of power electronics, meeting stringent requirements regarding quality, low weight and high power density. ePower currently employs 20 people and has two development centers in Gothenburg and Mullsjö in Sweden. In addition, the high-tech specialist draws on a proven network of around 50 engineering consultants, who both operate out of Sweden and India. For Preh, the acquisition of ePower is a targeted strengthening of its own e-mobility activities. The parties have agreed not to announce the purchase price. The transaction is expected to close by the...

Full article: http://www.greencarcongress.com/2017/11/20171127-preh.html

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